Author Question: In the real business cycle model, an increase in current total factor productivity leads to A) an ... (Read 71 times)

nautica902 · **on:** Jun 30, 2018

In the real business cycle model, an increase in current total factor productivity leads to

A) an increase in investment.
B) a decrease in investment.
C) no change in investment.
D) an ambiguous response of investment.

Question 2

The size of the money multiplier depends upon all of the following EXCEPT

A) the required reserve ratio.
B) the currency-deposit ratio.
C) excess reserves relative to deposits.
D) the discount rate.