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Author Question: By how much does the monetary base change when the government decides to increase government ... (Read 97 times)

torybrooks

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on: Jun 30, 2018
By how much does the monetary base change when the government decides to increase government spending by 5 (assume flexible exchange rates)?
 a. There is not enough information given to tell.
  b. The monetary base does not change at all.
  c. The monetary base falls by 5
  d. The monetary base rises by 5

Question 2

Bitcoin:
 a. Is a physical currency that can be converted freely into a wide variety of virtual and (other) real currencies?
  b. Virtual currency that keeps track of Bitcoin owners and users by means of a clearing house called Mt. Gox.
  c. Is a virtual currency that publishes online the details on all its customers' addresses but manages to keep customers' identities secret by not publishing any facts related to their transactions?
  d. Is a virtual, peer-to-peer currency.


rachel

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Reply #1 on: Jun 30, 2018
Answer to Question 1

.B

Answer to Question 2

.D


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