This topic contains a solution. Click here to go to the answer

Author Question: According to the quantity theory of money, nominal GDP will ________ if the money supply ________. (Read 85 times)

clmills979

  • Hero Member
  • *****
  • Posts: 551

Question 1

In the quantity theory of money, velocity is assumed


◦ to equal 1.4.
◦ constant.
◦ to increase with increases in the money supply.
◦ to be a declining number.

Question 2

According to the quantity theory of money, nominal GDP will ________ if the money supply ________.


◦ fall by 50%; rises by 50%
◦ rise by 50%; falls by 50%
◦ double; doubles
◦ rise by 100%; falls by 50%


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by clmills979 on Apr 19, 2019

nixon_s

  • Sr. Member
  • ****
  • Posts: 359
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly




nixon_s

  • Sr. Member
  • ****
  • Posts: 359

 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

For a complete list of videos, visit our video library