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

Author Question: According to the quantity theory of money, if the money supply grows at 6, real GDP grows at 2, and ... (Read 144 times)

waynest

  • Hero Member
  • *****
  • Posts: 553
According to the quantity theory of money, if the money supply grows at 6, real GDP grows at 2, and the velocity of money is constant, then the inflation rate will be
 
  A) 8. B) 6. C) 4. D) 2.

Question 2

Reducing the marginal tax rate on income will
 
  A) raise the return to entrepreneurship and encourage the opening of new businesses.
  B) increase the after-tax return on saving, and encourage saving.
  C) reduce the tax wedge faced by workers and increase labor supplied.
  D) All of the above are correct.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kiamars2010

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

C

Answer to Question 2

C




waynest

  • Member
  • Posts: 553
Reply 2 on: Jun 29, 2018
Wow, this really help


carojassy25

  • Member
  • Posts: 299
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

For a complete list of videos, visit our video library