Pessimists among the classical economists were least able to foresee the continual advancement in
a. managerial techniques
b. technology
c. birth control methods
d. geographic discovery
e. all of the above
Question 2
If the money multiplier is 5 and the Federal Reserves issues bonds in the amount of 6 million, what is the final change to the money stock?
A) - 30 million
B) 30 million
C) 1.2 million
D) - 1.2 million