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Author Question: If the spending multiplier is equal to 5, then a 1 initial increase in investment spending will lead ... (Read 111 times)

Cooldude101

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on: Jun 30, 2018
If the spending multiplier is equal to 5, then a 1 initial increase in investment spending will lead to a:
 a. 5 percent decrease in real GDP.
  b. 5 percent increase in real GDP.
  c. 5 decrease in real GDP.
  d. 5 increase in real GDP.
  e. 0.05 percent increase in real GDP.

Question 2

The number of presidentially appointed members who sit on the Federal Reserve Board of Governors is:
 a. none.
  b. seven.
  c. nine.
  d. twelve.


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kmb352

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


Cooldude101

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Reply #2 on: Jun 30, 2018
Thank you


kmb352

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Reply #3 on: Jun 30, 2018
No problemo


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