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

Author Question: If MPC = 0.9, equilibrium real GDP is 1,000 . and full-employment real GDP is 2,000 . then how much ... (Read 116 times)

tnt_battle

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
If MPC = 0.9, equilibrium real GDP is 1,000 . and full-employment real GDP is 2,000 . then how much should government spending change to bring about full employment?
 a. +1,000.
  b. 100.
  c. +900.
  d. +100.
  e. 0.9.

Question 2

The Federal Reserve Board of Governors consists of:
 a. 50 members selected by state legislatures.
  b. 12 members, one from each Federal Reserve District.
  c. 12 members nominated by the President and confirmed by the Senate.
  d. seven members elected by Congress.
  e. seven members nominated by the President and confirmed by the Senate.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

e


tnt_battle

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

momolu

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

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?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

dinosaurs were real dinosaurs were real
A parade for Grover Cleveland in Chicago in 1892, by John Klir. Music, mirth, real drama—a president A parade for Grover Cleveland in Chicago in 1892, by John Klir. Music, mirth, real drama—a president
Moving the hip through its full range of motion. Moving the hip through its full range of motion.
The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ... The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ...
Human Development (Full Term) Human Development (Full Term)
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Video: Introduction to Autism

For a complete list of videos, visit our video library