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Author Question: When the MPC gets smaller, the spending multiplier: a. gets larger. b. gets smaller. c. stays the ... (Read 134 times)

jilianpiloj

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When the MPC gets smaller, the spending multiplier:
 a. gets larger.
  b. gets smaller.
  c. stays the same.
  d. gets smaller at low real GDP, and larger at high real GDP.
  e. gets larger at low real GDP, and smaller at high real GDP.

Question 2

Which of the following is not part of the Federal Reserve System?
 a. Council of Economic Advisors.
  b. Board of Governors.
  c. Federal Open Market Committee.
  d. 12 Federal Reserve District Banks.
  e. Federal Advisory Council.



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blakeserpa

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Answer to Question 1

b

Answer to Question 2

a





 

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