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

Author Question: If inflation is the major problem in the economy, which of the following would be an appropriate ... (Read 116 times)

scienceeasy

  • Hero Member
  • *****
  • Posts: 565
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

emily12345

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


scienceeasy

  • Hero Member
  • *****
  • Posts: 565
Reply #2 on: Jun 30, 2018
Thank you :)


emily12345

  • Sr. Member
  • ****
  • Posts: 321
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

The major skeletal muscles—anterior superficial view. The major skeletal muscles—anterior superficial view.
Major Categories of Diseases Major Categories of Diseases
The problem of completing the 5 end in copying a linear DNA molecule The problem of completing the 5 end in copying a linear DNA molecule
Major steps in coagulation cascade Major steps in coagulation cascade
Escape Speed Problem Escape Speed Problem
Major Animal Phyla Major Animal Phyla
Video: Neural Reflex Arc Animation

For a complete list of videos, visit our video library