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

Author Question: The equation of exchange becomes the same as the quantity theory of money by assuming that the ... (Read 2901 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
on: Jun 29, 2018
The equation of exchange becomes the same as the quantity theory of money by assuming that the velocity of circulation ________ when the quantity of money changes and potential GDP ________ when the quantity of money changes.
 
  A) changes; changes
  B) changes; does not change
  C) does not change; changes
  D) does not change; does not change

Question 2

In the above figure, if the price of milk rises, the budget line
 
  A) rotates outward and the slope becomes steeper.
  B) shifts inward and its slope does not change.
  C) rotates inward and the slope becomes steeper.
  D) rotates inward and the slope becomes more shallow.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blazinlyss

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


big1devin

  • Member
  • Posts: 583
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Regulation of heat exchange in the skin. Regulation of heat exchange in the skin.
Lenticels Allow Gas Exchange through the Periderm Lenticels Allow Gas Exchange through the Periderm
Leininger's Culutral Care Theory Leininger's Culutral Care Theory
How to create a table of values from an equation and graph How to create a table of values from an equation and graph
Activation Synthesis Theory of Dreams Activation Synthesis Theory of Dreams
The four identity statuses proposed by Marcia, based on Erikson's theory The four identity statuses proposed by Marcia, based on Erikson's theory
Video: Role of ATP in muscle movement

For a complete list of videos, visit our video library