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

Author Question: The quantity equation states that the A) money supply times the velocity of money equals the ... (Read 47 times)

kwoodring

  • Hero Member
  • *****
  • Posts: 560
The quantity equation states that the
 
  A) money supply times the velocity of money equals the price level times real output.
  B) money supply times the price level equals real output divided by the velocity of money.
  C) money supply divided by the velocity of money equals the price level divided by real output.
  D) money supply times the price level equals real output times the velocity of money.

Question 2

How does political corruption differ from bureaucratic corruption?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

duke02

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

A

Answer to Question 2

Political corruption refers to illegal and illegitimate actions, such as bribery and misuse of public funds, for private benefit by elected public officials. The common forms of political corruption include the appropriation of public funds for personal use, bribes taken from companies in return for special treatment (including the awarding of public contracts), and support for policies and legislation against the interest of the citizens in return for bribes and campaign contributions.
Bureaucratic corruption entails similar illegal activities for private benefit by bureaucrats, judges, or law enforcement officers. Althoughpolitical corruption is likely to be limited to a few politicians, bureaucratic corruption is likely to be more widespread as citizens come into contact with bureaucrats and police officers very frequently.
A-head: CONTROLLING POLITICIANS
Concept: Political and bureaucratic corruption




duke02

  • Sr. Member
  • ****
  • Posts: 312

 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
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