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

Author Question: If the economy spends 80 percent of any increase in real GDP, then an increase in investment of 1 ... (Read 174 times)

Kthamas

  • Hero Member
  • *****
  • Posts: 546
If the economy spends 80 percent of any increase in real GDP, then an increase in investment of 1 billion would result ultimately in an increase in real GDP of:
 a. 0.
  b. 0.8 billion.
  c. 1.0 billion.
  d. 5.0 billion.

Question 2

M2 money includes all but which one of the following?
 a. Checkable deposits.
  b. Savings accounts.
  c. Large denomination time deposits.
  d. Money market deposit accounts.
  e. Money market mutual accounts.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

duke02

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

d

Answer to Question 2

c





 

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

For a complete list of videos, visit our video library