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Author Question: If policies of the Fed cause the money supply to increase, and velocity is held constant, the ... (Read 58 times)

kfurse

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If policies of the Fed cause the money supply to increase, and velocity is held constant, the expected outcome would be:
 a. P Q would increase, and the general price level would increase if Q remained constant.
  b. P Q would decrease, and the general price level would decrease if Q remained constant.
  c. P Q would decrease, and the general price level would increase if Q increased.
 d. insufficient information is available to arrive at a conclusion.

Question 2

Economic growth in any country is reflected by an increase in real GDP.
 a. True
  b. False
  Indicate whether the statement is true or false



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Galvarado142

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Answer to Question 1

a

Answer to Question 2

True




kfurse

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Reply 2 on: Jun 30, 2018
:D TYSM


nguyenhoanhat

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Reply 3 on: Yesterday
Excellent

 

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