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Author Question: The table below shows data for Indonesia. 2009 2010 Real GDP growth rate 4.5 6.0 Inflation rate ... (Read 86 times)

vinney12

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on: Jun 29, 2018
The table below shows data for Indonesia.
 
  2009 2010
  Real GDP growth rate 4.5 6.0
  Inflation rate 4.8 5.7
 
  Assuming the rate of velocity change is constant, the money growth rate in Indonesia was
  A) 0.3 percent in 2009.
  B) 11.7 percent in 2010.
  C) -0.3 percent in 2009.
  D) 5.7 percent in 2010.

Question 2

Suppose consumers decide they value a product more highly than before. Then the efficient quantity to produce of that product ________.
 
  A) increases
  B) does not change
  C) decreases
  D) perhaps changes, but without more information the direction of the change cannot be told


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cclemon1

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


vinney12

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

lkanara2

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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