This topic contains a solution. Click here to go to the answer

Author Question: An increase in the marginal propensity to import will cause A) the multiplier to increase and a ... (Read 110 times)

altibaby

  • Hero Member
  • *****
  • Posts: 562
An increase in the marginal propensity to import will cause
 
  A) the multiplier to increase and a given change in government spending (G) to have a larger effect on domestic output.
  B) the multiplier to increase and a given change in government spending (G) to have a smaller effect on domestic output.
  C) the multiplier to decrease and a given change in government spending (G) to have a larger effect on domestic output.
  D) the multiplier to decrease and a given change in government spending (G) to have a smaller effect on domestic output.

Question 2

The Phillips curve shows that when the unemployment rate is lower than the natural rate,
 
  A) inflation is higher than expected.
  B) inflation is lower than expected.
  C) policy rate is higher than expected.
  D) policy rate is lower than expected.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

T4T

  • Sr. Member
  • ****
  • Posts: 348
Answer to Question 1

D

Answer to Question 2

A




altibaby

  • Member
  • Posts: 562
Reply 2 on: Jun 30, 2018
Wow, this really help


matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

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?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

For a complete list of videos, visit our video library