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Author Question: The long-run effect of an increase in the growth rate of the quantity of money is a A) higher ... (Read 77 times)

daltonest1984

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on: Jun 29, 2018
The long-run effect of an increase in the growth rate of the quantity of money is a
 
  A) higher nominal interest rate.
  B) lower nominal interest rate.
  C) lower real interest rate.
  D) lower inflation rate.
  E) higher real interest rate.

Question 2

If purchasing power parity exists and the exchange rate is 1.50 U.S. dollars per British pound, than a latte that has a price of 4.00 in San Jose, California, has a price of ________ in London, England.
 
  A) 2.67 pounds B) 4.00 pounds C) 8.00 pounds D) 0.37 pounds E) 6.00 pounds


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tashiedavis420

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


daltonest1984

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Reply 2 on: Jun 29, 2018
Gracias!

sultansheikh

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Reply 3 on: Yesterday
:D TYSM

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