Answer Happy

The Board of Governors of the Federal Reserve does each of the following except: sit on the Federal Open market Committee. serve on the Board at the pleasure of the President, who can make individual governors resign at any time. carry out monetary policy. O raise and lower reserve requirements.
An increase in the money supply will tend to: O lower interest rates and increase the equilibrium GDP. O do none of the above. O increase interest rates and increase the equilibrium GDP. O lower interest rates and lower the equilibrium GDP. o increase interest rates and lower the equilibrium GDP.
If full employment GDP is $500 billion greater than equilibrium GDP and the multiplier is 5, there is a deflationary gap: O that is impossible to find. of $50 billion. $100 billion. of $200 billion. of $500 billion.
There are two ways to lower the deficit: raise taxes and raise government spending. raise taxes and lower government spending. lower taxes and lower government spending. lower taxes and raise government spending.
How large will the total change in income be from a change in investment of $15 if the marginal propensity to consume (MPC) is .8? $20 O $12 $25 $200 O $75