
Macroeconomics 13th Edition by William Baumol ,Alan Blinder
النسخة 13الرقم المعياري الدولي: 978-1305280601
Macroeconomics 13th Edition by William Baumol ,Alan Blinder
النسخة 13الرقم المعياري الدولي: 978-1305280601 تمرين 1
Explain what a $5 billion increase in bank reserves will do to real GDP under the following assumptions:
a. Each $1 billion increase in bank reserves reduces the rate of interest by 0.5 percentage point.
b. Each 1 percentage point decline in interest rates stimulates $30 billion worth of new investment.
c. The expenditure multiplier is two.
d. The aggregate supply curve is so flat that prices do not rise noticeably when demand increases.
a. Each $1 billion increase in bank reserves reduces the rate of interest by 0.5 percentage point.
b. Each 1 percentage point decline in interest rates stimulates $30 billion worth of new investment.
c. The expenditure multiplier is two.
d. The aggregate supply curve is so flat that prices do not rise noticeably when demand increases.
التوضيح
a. Increase in bank reserves by $1 billi...
Macroeconomics 13th Edition by William Baumol ,Alan Blinder
لماذا لم يعجبك هذا التمرين؟
أخرى 8 أحرف كحد أدنى و 255 حرفاً كحد أقصى
حرف 255

