An increase in M or an increase in V, other things equal, would ...

[Destiiny22]

An increase in M or an increase in V, other things equal, would definitely increase:
 a. the price level.
 b. real GDP.
 c. nominal GDP.
 d. unemployment.

Question 2

As all available statistics show us, because the average annual population growth is 1.4 percent higher in developing countries than in industrial nations, economic growth is lower in low-income countries.
 a. True
  b. False
  Indicate whether the statement is true or false

[aidanmbrowne]

Answer to Question 1

c

Answer to Question 2

False