This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: According to the quantity theory of money, if the money supply grows at 6, real GDP grows at 2, and ... (Read 74 times)

waynest

  • Hero Member
  • *****
  • Posts: 553
on: Jun 29, 2018
According to the quantity theory of money, if the money supply grows at 6, real GDP grows at 2, and the velocity of money is constant, then the inflation rate will be
 
  A) 8. B) 6. C) 4. D) 2.

Question 2

Reducing the marginal tax rate on income will
 
  A) raise the return to entrepreneurship and encourage the opening of new businesses.
  B) increase the after-tax return on saving, and encourage saving.
  C) reduce the tax wedge faced by workers and increase labor supplied.
  D) All of the above are correct.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kiamars2010

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


waynest

  • Member
  • Posts: 553
Reply 2 on: Jun 29, 2018
Gracias!

ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

The Economics of Money, Banking and Financial Markets, Business School Edition The Economics of Money, Banking and Financial Markets, Business School Edition
The Nebular Theory The Nebular Theory
Set-Point Theory Set-Point Theory
Please help me with a Real Estate Course Problem Please help me with a Real Estate Course Problem
molecular orbital theory molecular orbital theory
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Video: Inflammation Animation

For a complete list of videos, visit our video library