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Author Question: Suppose that real GDP grows by 3 percent a year, the quantity of money grows 5 percent a year, and ... (Read 107 times)

faduma

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on: Jun 29, 2018
Suppose that real GDP grows by 3 percent a year, the quantity of money grows 5 percent a year, and velocity does not change. In the long run, the inflation rate equals
 
  A) 3 percent. B) 5 percent. C) 8 percent. D) 10 percent. E) 2 percent.

Question 2

Consider the market for peanut butter. If there is a decrease in the price of deli turkey slices (a substitute in consumption for peanut butter) along with a decrease in the price of peanut brittle (a substitute in production for peanut butter), the
 
  A) equilibrium price of peanut butter definitely rises.
  B) equilibrium quantity of peanut butter definitely increases.
  C) equilibrium price of peanut butter might rise or fall.
  D) equilibrium price of peanut butter definitely falls.
  E) equilibrium quantity of peanut definitely decreases.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Pamela.irrgang@yahoo.com

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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faduma

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

mcabuhat

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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