Author Question: The quantity theory of money states that A) inflation increases when the money growth rate ... (Read 256 times)

Metfan725

  • Hero Member
  • *****
  • Posts: 552
The quantity theory of money states that
 
  A) inflation increases when the money growth rate increases.
  B) as the price level increases, the demand for money increases.
  C) as the interest rate rises, the demand for money decreases.
  D) changes in the quantity of money are determined by the commercial banks and not the Federal Reserve.

Question 2

The market for wheat is an example of
 
  A) a monopoly market.
  B) an oligopolistic market.
  C) a perfectly competitive market.
  D) a monopolistically competitive market.



jharrington11

  • Sr. Member
  • ****
  • Posts: 365
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

For a complete list of videos, visit our video library