According to the quantity theory, in the long run, an increase in ...

[future617RT]

According to the quantity theory, in the long run, an increase in the growth rate of ________ leads to an increase in the ________.
 
  A) real GDP; inflation rate
  B) the quantity of money; growth rate of real GDP
  C) the quantity of money; inflation rate
  D) real GDP; growth rate of velocity

Question 2

In the figure above, in which country do the lowest-income 30 percent of households have the highest fraction of the nation's income?
 
  A) Country A
  B) Country B
  C) Country C
  D) It is impossible to answer the question without more information.

[af]

Answer to Question 1

C

Answer to Question 2

A

[future617RT]

TYSM

[samiel-sayed]

Excellent