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 115 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?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Major types of plant secondary metabolites Major types of plant secondary metabolites
Body systems and their major functions. Body systems and their major functions.
The major cortical input and output pathways of the posterior parietal association cortex. Shown are ... The major cortical input and output pathways of the posterior parietal association cortex. Shown are ...
Problem Problem
A Sociological Timeline of Major Figures in the Development of Sociological Theory, 1820–1960 A Sociological Timeline of Major Figures in the Development of Sociological Theory, 1820–1960
Video: The 4 steps of translation Animation

For a complete list of videos, visit our video library