Author Question: M x V is: a. A stock value. b. A flow value. c. Totally unrelated to stocks and flows. d. Equal ... (Read 92 times)

audragclark · **on:** Jun 30, 2018

M x V is:
a. A stock value.
b. A flow value.
c. Totally unrelated to stocks and flows.
d. Equal to real GDP

Question 2

A reduction in government taxes causes:
a. The monetary base to either rise or fall, depending on the state of the economy.
b. No change in the monetary base.
c. The monetary base to fall.
d. The monetary base to rise.