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Author Question: The quantity equation becomes the basis for a theory when we assume that velocity of money is ... (Read 51 times)

meagbuch

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on: Jun 29, 2018
The quantity equation becomes the basis for a theory when we assume that velocity of money is constant.
 
  Indicate whether the statement is true or false

Question 2

In the case of an upward-sloping aggregate supply curve, the change in real GDP brought about by a change in government spending will be less than that predicted by the simple government purchases multiplier.
 
  Indicate whether the statement is true or false


manuelcastillo

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Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

TRUE


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