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Author Question: A 1 million increase in investment spending will raise equilibrium output (real GDP) by: a. less ... (Read 158 times)

NguyenJ

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on: Jun 30, 2018
A 1 million increase in investment spending will raise equilibrium output (real GDP) by:
 a. less than 1 million.
  b. exactly 1 million.
  c. between 0.5 and 1.5 million.
  d. more than 1 million.

Question 2

Which of the following compose the M2 money supply?
 a. Currency only.
  b. Currency, checkable deposits, and traveler's checks.
  c. M1 plus large denomination time deposits and Eurodollar deposits.
  d. M1 plus savings deposits and small-denomination time deposits.


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frejo

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

d

Answer to Question 2

d


NguyenJ

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  • Posts: 516
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

debra928

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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