This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: According to proponents of the interest-rate-based monetary policy transmission mechanism, any ... (Read 101 times)

mwit1967

  • Hero Member
  • *****
  • Posts: 501
on: Jun 30, 2018
According to proponents of the interest-rate-based monetary policy transmission mechanism, any increase in the money supply
 
  A) causes velocity to increase, and so in the short run nominal Gross Domestic Product (GDP) must increase.
  B) will increase Gross Domestic Product (GDP) only if interest rates fall and investment is sensitive to decreasing interest rates.
  C) is effective in increasing Gross Domestic Product (GDP) only if it causes an outward shift of the aggregate supply curve.
  D) will move the economy from the liquidity trap during times of recession if interest rates fall enough to stimulate private investment.

Question 2

Refer to the table above. Based on this information, we can conclude that Laborland has a ________.
 
  A) current account surplus B) current account deficit
  C) trade surplus D) budget deficit


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dantucker

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


mwit1967

  • Member
  • Posts: 501
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

A molecular mechanism for suppression A molecular mechanism for suppression
Mechanism of Action of Antipsychotic Drugs Mechanism of Action of Antipsychotic Drugs
A compression gauge designed for the higher compression rate of a diesel engine should be used when ... A compression gauge designed for the higher compression rate of a diesel engine should be used when ...
An SN2 mechanism An SN2 mechanism
A transmission electron micrograph of the Golgi complex A transmission electron micrograph of the Golgi complex
The radius of the Sun is 6.95 × 108 m. It radiates heat at the rate of 5.32 x 10 The radius of the Sun is 6.95 × 108 m. It radiates heat at the rate of 5.32 x 10
Video: Introduction to Diabetes

For a complete list of videos, visit our video library