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Author Question: If both nominal and real GDP are increasing when the money supply is constant, than we can conclude ... (Read 68 times)

geodog55

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on: Jun 30, 2018
If both nominal and real GDP are increasing when the money supply is constant, than we can conclude that
 
  A) velocity has increased. B) interest rate has fallen.
  C) velocity has decreased. D) interest rate has increased.

Question 2

Which of the following is NOT a consumption good?
 
  A) a U.S. government bond
  B) a UPS truck
  C) Nike swimming trunks
  D) a Subway sandwich
  E) marriage counseling services


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kescobar@64

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


geodog55

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

komodo7

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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