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 110 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?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Effects of Spinal Cord and Autonomic System Damage Effects of Spinal Cord and Autonomic System Damage
Effects of Undernutrition Effects of Undernutrition
Relationship between Income Inequality and Sociopolitical Instability Relationship between Income Inequality and Sociopolitical Instability
Prophase Chromosomes coil up and condense; centrioles divide and move apart Prophase Chromosomes coil up and condense; centrioles divide and move apart
The Effects of a Spinal Cord Injury by Spinal Level The Effects of a Spinal Cord Injury by Spinal Level
Autonomic nerves and their effects Autonomic nerves and their effects
Video: Gas exchange - partial pressure, locations, external and internal respiration

For a complete list of videos, visit our video library