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

Author Question: Beginning from full-employment macro equilibrium, increase in government spending will cause real ... (Read 32 times)

SAVANNAHHOOPER23

  • Hero Member
  • *****
  • Posts: 542
on: Jun 30, 2018
Beginning from full-employment macro equilibrium, increase in government spending will cause real GDP to:
 a. increase in the short run.
  b. decline in the long run.
 c. decline in the short run.
  d. increase in the long run.

Question 2

Assume all banks in the system started have a 10 percent required reserve ratio and the Fed made a 20,000 open market purchase. The result would be a(n):
 a. 200,000 expansion of the money supply.
  b. 20,000 expansion of the money supply.
  c. 20,000 contraction of the money supply.
  d. infinite contraction of the money supply.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

LP

  • Sr. Member
  • ****
  • Posts: 302
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


SAVANNAHHOOPER23

  • Hero Member
  • *****
  • Posts: 542
Reply #2 on: Jun 30, 2018
Thank you :)


LP

  • Sr. Member
  • ****
  • Posts: 302
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

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?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Full Moon Full Moon
dinosaurs were real dinosaurs were real
Guidelines and Precautions Prior to Beginning a Strength-Training Program Guidelines and Precautions Prior to Beginning a Strength-Training Program
Modern machinery has helped farmers increase yields Modern machinery has helped farmers increase yields
American Government: Roots and Reform, AP* Edition, 12th Edition American Government: Roots and Reform, AP* Edition, 12th Edition
The constitutional division of Powers Between the National Government and the States The constitutional division of Powers Between the National Government and the States
Video: Virtual Tour of the Eye Animation

For a complete list of videos, visit our video library