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

Author Question: Assume that an economy's real GDP multiplier is 4 . If this economy is in equilibrium at 2,000 ... (Read 85 times)

LCritchfi

  • Hero Member
  • *****
  • Posts: 519
on: Jun 30, 2018
Assume that an economy's real GDP multiplier is 4 . If this economy is in equilibrium at 2,000 billion, then which one of the following actions will bring it to a full employment equilibrium of 1,500 billion?
 a. 500 billion spending cut.
  b. 500 billion spending increase.
  c. 125 billion spending cut.
  d. 125 billion spending increase.
  e. 2,000 billion spending cut.

Question 2

The central bank of the United States is the:
 a. Federal Reserve Banking System.
  b. First National Bank.
  c. Comptroller's Bank.
  d. United States National Bank.
  e. U.S. Treasury Bank.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

olivia_paige29

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


LCritchfi

  • Member
  • Posts: 519
Reply 2 on: Jun 30, 2018
Excellent

recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
Real Femur Real Femur
Kinesthesis and Equilibrium Kinesthesis and Equilibrium
Prove that each of the following real functions f has a discontinuity. For each function, ... Prove that each of the following real functions f has a discontinuity. For each function, ...
An 80-g aluminum calorimeter contains 380 g of water at an equilibrium temperature of A piece ... An 80-g aluminum calorimeter contains 380 g of water at an equilibrium temperature of A piece ...
What will be the pH of the solution once equilibrium is established? What will be the pH of the solution once equilibrium is established?
Video: Ear Virtual Tour Animation

For a complete list of videos, visit our video library