This topic contains a solution. Click here to go to the answer

Author Question: When the MPC gets smaller, the spending multiplier: a. gets larger. b. gets smaller. c. stays the ... (Read 131 times)

jilianpiloj

  • Hero Member
  • *****
  • Posts: 521
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blakeserpa

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

b

Answer to Question 2

a





 

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

For a complete list of videos, visit our video library