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 133 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?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

For a complete list of videos, visit our video library