This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: According to the quantity theory of money, changes in the price level are the result of changes in ... (Read 47 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
According to the quantity theory of money, changes in the price level are the result of changes in the
 
  A) prime interest rate.
  B) real interest rate.
  C) quantity of money.
  D) velocity of circulation.

Question 2

The figure above shows Ilene's budget line. If her dog, Muffin, runs away and she adopts another cat, named Sphynx, the budget line shown in the figure will
 
  A) become flatter.
  B) become steeper.
  C) shift outward (because cats eat less).
  D) not move.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

flannelavenger

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


luminitza

  • Member
  • Posts: 555
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

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.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

The endosymbiosis theory The endosymbiosis theory
The light produced by fireflies is the result of a reaction The light produced by fireflies is the result of a reaction
Gender Schema Theory Gender Schema Theory
People using walkers typically have a high level of mobility impairment. People using walkers typically have a high level of mobility impairment.
The Nile Delta will be strongly affected by a rise in sea level of 50 cm The Nile Delta will be strongly affected by a rise in sea level of 50 cm
A Sociological Timeline of Major Figures in the Development of Sociological Theory, 1820–1960 A Sociological Timeline of Major Figures in the Development of Sociological Theory, 1820–1960
Video: Secondary Active Transport

For a complete list of videos, visit our video library