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

Author Question: The income and substitution effects move in ________ for lenders and in ________ for borrowers. ... (Read 38 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
on: Jun 30, 2018
The income and substitution effects move in ________ for lenders and in ________ for borrowers.
 
  A) the same direction; the same direction
  B) the same direction; opposite directions
  C) opposite directions; the same direction
  D) opposite directions; opposite directions

Question 2

If the Fed purchases 1 million worth of securities and the required reserve ratio is 8, by how much will deposits increase (assuming no change in excess reserves or the public's currency holdings)?
 
  A) rise by 1 million
  B) decline by 1 million
  C) rise by 8 million
  D) rise by 12.5 million


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shoemake

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


luminitza

  • Hero Member
  • *****
  • Posts: 555
Reply #2 on: Jun 30, 2018
Correct answers!


shoemake

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Side-effects of major chemotherapy agents Side-effects of major chemotherapy agents
Using the palm, apply oil with butterfly strokes across the chest. Alternate hands and move across ... Using the palm, apply oil with butterfly strokes across the chest. Alternate hands and move across ...
The inverse-square law and its effects. Doubling your distance away from a radioactive material ... The inverse-square law and its effects. Doubling your distance away from a radioactive material ...
Construct a Lorenz curve that shows income distribution in this society. Construct a Lorenz curve that shows income distribution in this society.
Philip wants to supplement his pension by $415 per month with income from his investments. His ... Philip wants to supplement his pension by $415 per month with income from his investments. His ...
The Effects of a Spinal Cord Injury by Spinal Level The Effects of a Spinal Cord Injury by Spinal Level
Video: Stomach peristalsis & Enterogastric reflex

For a complete list of videos, visit our video library