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

Author Question: According to both the equation of exchange and the quantity theory of money A) an increase in the ... (Read 318 times)

jilianpiloj

  • Hero Member
  • *****
  • Posts: 521
on: Jun 30, 2018
According to both the equation of exchange and the quantity theory of money
 
  A) an increase in the money supply will decrease real Gross Domestic Product (GDP).
  B) a decrease in the money supply will decrease the velocity of money.
  C) a decrease in the money supply will decrease the price level.
  D) an increase in the money supply will increase real Gross Domestic Product (GDP).

Question 2

If real wages fall:
 
  A) consumer demand is likely to increase.
  B) employers are likely to hire more workers.
  C) the level of economic production will always increase.
  D) the level of economic production will always decrease.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Laurenleakan

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


jilianpiloj

  • Member
  • Posts: 521
Reply 2 on: Jun 30, 2018
Gracias!

yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

According to Kohlberg’s theory, only a few individuals, such as Martin Luther King, Jr. (left) and ... According to Kohlberg’s theory, only a few individuals, such as Martin Luther King, Jr. (left) and ...
How to solve any rational equation by factoring (Part 1) How to solve any rational equation by factoring (Part 1)
Regeneration of EF-Tu–GTP by Tu–Ts exchange Regeneration of EF-Tu–GTP by Tu–Ts exchange
How to fully analyze the standard and factored form of a quadratic equation (Question 1) How to fully analyze the standard and factored form of a quadratic equation (Question 1)
Dynamics of Capillary Exchange Dynamics of Capillary Exchange
The Cannon-Bard Theory of Emotion The Cannon-Bard Theory of Emotion
Video: Methods that regulate pH

For a complete list of videos, visit our video library