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

Author Question: If the multiplier is 4, equilibrium real GDP is 600 billion, and investment is 25 billion, what will ... (Read 130 times)

LCritchfi

  • Hero Member
  • *****
  • Posts: 519
on: Jun 30, 2018
If the multiplier is 4, equilibrium real GDP is 600 billion, and investment is 25 billion, what will happen if investment increases to 30 billion? Real GDP will:
 a. increase to 605 billion
  b. decrease to 595 billion
  c. increase to 620 billion
  d. increase to 624 billion
  e. decrease to 580 billion

Question 2

Which of the following types of financial institutions is required to belong to the Federal Reserve System?
 a. National banks.
  b. State-chartered banks.
  c. Savings and loan institutions.
  d. Credit unions.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jlaineee

  • Sr. Member
  • ****
  • Posts: 380
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
:D TYSM

CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Real Femur Real Femur
What is real and what is an illusion? What is real and what is an illusion?
Reaction 1: The First ATP Investment Reaction 1: The First ATP Investment
Marketing: Real People, Real Choices Marketing: Real People, Real Choices
Consider a two-period economy with no investment opportunities: first and second period output ... Consider a two-period economy with no investment opportunities: first and second period output ...
Number line (real numbers) Number line (real numbers)
Video: Baroreceptor Reflex

For a complete list of videos, visit our video library