According to the quantity theory of money, if the growth rate of money supply is 6 and the growth rate of real GDP is 9, then the growth rate of nominal GDP in the economy will be:
A) 9. B) 6. C) 3. D) 15.
Question 2
What will happen if the institutions in an economy transform from inclusive to extractive?
A) The return-to-entrepreneurship schedule will shift rightward and the opportunity cost to entrepreneurship will decrease.
B) The return-to-entrepreneurship schedule will shift leftward and the opportunity cost to entrepreneurship will decrease.
C) The return-to-entrepreneurship schedule will shift leftward and the opportunity cost to entrepreneurship will increase.
D) The return-to-entrepreneurship schedule will shift rightward and the opportunity cost to entrepreneurship will increase.
Growth pattern of stem cells
An overview of the process of primary and secondary growth in a woody stem.
Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th
How to convert units of any rate to another (Part 2)
Role of Factors of Production in Determining Growth, 1975–2009
Suppose a country imports televisions. The country's supply and demand curves are shown in ...