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.
Plants responded by non-uniform root growth.
Seasonal changes in biomass and growth form of benthic algae in the Eel River, California: (a) in ea
The spongy bone in the top of the femur changes density and organization during growth.
Growth of the body and brain is dramatic over the first 2 years.
The Economics of Money, Banking and Financial Markets, Business School Edition
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...