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roddyrodrod roddyrodrod
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6 years ago
Borrowing VCU3 from an online company cause the nation's:
 a. M2 money supply to remain the same.
  b. M2 money supply to rise.
  c. M2 money multiplier to rise.
  d. Monetary base to fall.


Question 2 - Philosophical foundations of the European model were provided by:
 a. Adam Smith
  b. David Ricardo
  c. The theory of social market economy
  d. Mercantilism
  e. Both c and d


Question 3 - Assume the central bank lowers the discount rate. What is the net effect on the unemployment rate (assume fixed exchange rates)? Answer assuming all the adjustments have worked their way through the macroeconomic system, and it is in equilibrium.
 a. The unemployment rate rises.
  b. The unemployment rate falls.
  c. The unemployment is not affected.
  d. The change in the unemployment rate depends on the degree of international capital mobility.
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Loay963Loay963
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#1
Posts: 365
Rep: 3 0
6 years ago
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roddyrodrod Author
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6 years ago
Thanks for your help!!
loki1345
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Yesterday
Just got PERFECT on my quiz
ezsancheezy
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2 hours ago
Good timing, thanks!
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