The table below shows data for Indonesia. 2009 2010 Real GDP ...

[vinney12]

The table below shows data for Indonesia.
 
  2009 2010
  Real GDP growth rate 4.5 6.0
  Inflation rate 4.8 5.7
 
  Assuming the rate of velocity change is constant, the money growth rate in Indonesia was
  A) 0.3 percent in 2009.
  B) 11.7 percent in 2010.
  C) -0.3 percent in 2009.
  D) 5.7 percent in 2010.

Question 2

Suppose consumers decide they value a product more highly than before. Then the efficient quantity to produce of that product ________.
 
  A) increases
  B) does not change
  C) decreases
  D) perhaps changes, but without more information the direction of the change cannot be told

[cclemon1]

Answer to Question 1

B

Answer to Question 2

A

[vinney12]

Thanks for the timely response, appreciate it

[nathang24]

YES! Correct, THANKS for helping me on my review