Other things constant, the quantity theory of money concludes ...

[folubunmi]

Other things constant, the quantity theory of money concludes that any increase in the quantity of money
 
  A) decreases the demand for money.
  B) decreases in the aggregate price level.
  C) decreases the aggregate level of nominal income.
  D) proportionally increases the price level.

Question 2

A market with the characteristics of many firms selling an identical product, many buyers, and no restrictions on entry or exit to the market is
 
  A) a monopoly market.
  B) an oligopolistic market.
  C) a perfectly competitive market.
  D) a monopolistically competitive market.

[Silverbeard98]

Answer to Question 1

D

Answer to Question 2

C

[folubunmi]

YES! Correct, THANKS for helping me on my review

[AmberC1996]

TYSM