This topic contains a solution. Click here to go to the answer

Author Question: The quantity theory of money argues that, in the long run, the percentage change in money will ... (Read 72 times)

beccaep

  • Hero Member
  • *****
  • Posts: 535
The quantity theory of money argues that, in the long run, the percentage change in money will create an equal percentage change in
 
  A) velocity.
  B) real GDP.
  C) potential GDP.
  D) the price level.

Question 2

Country A has a more equal distribution of income than country B if
 
  A) country A's Lorenz curve is closer to the line of equality than is country B's Lorenz curve.
  B) country B's Lorenz curve is closer to the line of equality than is country A's Lorenz curve.
  C) country A's Lorenz curve is just as close to the line of equality as is country B's Lorenz curve.
  D) None of the above because it is impossible to compare income inequalities across countries.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

asdfghjkl;

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

D

Answer to Question 2

A




beccaep

  • Member
  • Posts: 535
Reply 2 on: Jun 29, 2018
Gracias!


jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

For a complete list of videos, visit our video library