This topic contains a solution. Click here to go to the answer

Author Question: The equation of exchange states that the quantity of money A) multiplied by the velocity of ... (Read 154 times)

arivle123

  • Hero Member
  • *****
  • Posts: 569
The equation of exchange states that the quantity of money
 
  A) multiplied by the velocity of circulation equals nominal GDP.
  B) divided by price level equals real GDP.
  C) multiplied by nominal GDP equals the price level.
  D) divided by nominal GDP equals real GDP.

Question 2

According to www.oecd.org, the United States spends a larger portion of expenditures on higher education compared to any other country. Increasing the amount of higher education produces
 
  I. rightward shifts in the U.S. long-run aggregate supply curve.
  II. movements up along the U.S. aggregate demand curve.
  III. increases in U.S. human capital.
  A) I and III only
  B) I, II and III
  C) II and III only
  D) III only



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sokh

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

A

Answer to Question 2

A




arivle123

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

For a complete list of videos, visit our video library