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 7 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?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Full Moon Full Moon
Results from sequential study of two cohorts tested at three ages and at three different points in t Results from sequential study of two cohorts tested at three ages and at three different points in t
A typical beginning technician tool set that includes the basic tools to get started. A typical beginning technician tool set that includes the basic tools to get started.
How to use the discriminant to determine the value of k in a quadratic with no real roots How to use the discriminant to determine the value of k in a quadratic with no real roots
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
Application of the Hardy–Weinberg equilibrium Application of the Hardy–Weinberg equilibrium
Video: Parathyroid hormone (bone resorption) & Calcitonin (bone deposition)

For a complete list of videos, visit our video library