?Econlit is an online search service which allows users to do a comprehensive search of almost all economics journals.
Answer the following statement true (T) or false (F)
True
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The formula, , is equal to the
A) expenditure multiplier. B) marginal propensity to export. C) marginal propensity to consume. D) marginal tax rate. E) total amount of autonomous expenditure.
How does the Open Market Trading Desk conduct its operations?
A) directly with private securities dealers on the floor of the New York Stock Exchange B) directly with private securities dealers on the floor of the Federal Reserve Bank of New York C) over-the-counter electronically with private securities dealers D) by sending its buy and sell orders to the U.S. Treasury for execution
Table 36-1Suppose the economy of Macroland is described by the following:C = 200 + 0.8 DI (DI = disposable income)I = 300 + 0.2Y?50r (Y = GDP)(r, the interest rate, is measured in percentage points. For example, a 9 percent interest rate is r = 9).For this economy, assume that the Federal Reserve uses its monetary policy to peg the interest rate atr = 5G = 750T = 0.25YX = 200M = 150 + 0.2YHint: DI = Y?T From Table 36-1, compute equilibrium GDP for Macroland.
A. 3,000 B. 2,950 C. 2,625 D. 2,525
Given the MPS = 0.40, with no government and no foreign trade, a $10 billion increase in investment will eventually result in an increase in
A. Total spending by $25 billion. B. Consumption by $40 billion. C. Total spending by $2.5 billion. D. Total spending by $15 billion.