Author Question: The U.S. historical evidence A) generally supports the quantity theory of money in the long run. ... (Read 111 times)

shenderson6 · **on:** Jun 29, 2018

The U.S. historical evidence

A) generally supports the quantity theory of money in the long run.
B) does not support the quantity theory of money.
C) demonstrates that there is no correlation between the money growth rate and inflation.
D) shows that a higher inflation rate causes an increase in the money growth rate.

Question 2

The slope of the utility of wealth curve of a risk-averse person

A) increases as wealth increases.
B) decreases as wealth increases.
C) is constant.
D) is negative.