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Author Question: If inflation is the major problem in the economy, which of the following would be an appropriate ... (Read 108 times)

scienceeasy

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on: Jun 30, 2018
If inflation is the major problem in the economy, which of the following would be an appropriate monetary policy response?
 a. decreasing government spending
  b. decreasing the discount rate
 c. decreasing reserve requirements
  d. none of the above

Question 2

Using the rule of 72, calculate the average annual growth rate of GDP needed for a country to double its size in just four years?
 a. 12 percent
  b. 4 percent
  c. 18 percent
  d. 72 percent
  e. 28 percent


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emily12345

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

d

Answer to Question 2

c


scienceeasy

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Reply #2 on: Jun 30, 2018
Thank you :)


emily12345

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Reply #3 on: Jun 30, 2018
Happy to help you


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