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Author Question: Velocity will be constant if the demand for money with respect to the interest rate is (Read 33 times)

sabina

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on: Apr 19, 2019

Question 1

Which of the following statements is 
not consistent with the quantity theory of money?


◦ The velocity of money can be affected by how frequently workers are paid.
◦ The velocity of money can be affected by the development of new financial instruments, such as interest-bearing checking accounts.
◦ The velocity of money can be affected by the manner in which the banking system clears transactions between banks.
◦ Velocity can change with changes in the interest rate.

Question 2

Velocity will be constant if the demand for money with respect to the interest rate is


◦ unitary elastic.
◦ perfectly inelastic.
◦ perfectly elastic.
◦ elastic, but not perfectly elastic.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by sabina on Apr 19, 2019

prumorgan

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Reply #1 on: Apr 19, 2019
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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sabina

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Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

yeungji

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Reply 3 on: Yesterday
Excellent

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