An increase in the amount of currency held by the public will raise the value of the deposit expansion multiplier
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
At short-run equilibrium inflation ________ and output equals ________.
A. equals the value determined by part expectations and pricing decisions; the level of short-run equilibrium output consistent with that inflation rate B. is stable; the level of output consistent with zero inflation C. equals the value consistent with potential output; the level of output consistent with zero inflation D. equals the value determined by past expectations and pricing decisions; potential
Contracting is a better arrangement for operating an electricity market than is a spot market
Indicate whether the statement is true or false
An example of in-kind assistance to the poor is TANF
a. True b. False Indicate whether the statement is true or false
Upland has a population of 15,000, of whom 9,000 work 8 hours a day to produce real output of $342,000 . Lowland has a population of 8,000, of whom 7,000 work 7 hours a day to produce real output of $171,500
a. Upland has higher productivity and higher real GDP per person than Lowland. b. Upland has higher productivity but lower real GDP per person than Lowland. c. Upland has lower productivity but higher real GDP per person than Lowland. d. Upland has lower productivity and lower real GDP per person than Lowland.