« previous next »

Author Question: If real GDP and the velocity of circulation do not change and the quantity of money grows by 3 ... (Read 100 times)

newbem

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
If real GDP and the velocity of circulation do not change and the quantity of money grows by 3 percent, then in the long the inflation rate is
 
  A) 0 percent.
  B) 3 percent.
  C) larger than 3 percent.
  D) -3 percent.
  E) More information is needed to answer the question.

Question 2

Referring to Figure 19.2, the effect of an increase in Japanese interest rates is represented by a movement from point
 
  A) d to c. B) b to a. C) c to d. D) d to a.


blazinlyss

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

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Carbon Dioxide, Trace Gases, and Climate Change Carbon Dioxide, Trace Gases, and Climate Change
Coral growth rings as an indicator of environmental change Coral growth rings as an indicator of environmental change
Fetal circulation Fetal circulation
A solenoid has an area of 41.0 cm2. Find the change in magnetic flux through the solenoid. A solenoid has an area of 41.0 cm2. Find the change in magnetic flux through the solenoid.
If y = 0.02 sin (30x - 400t) (SI units), the velocity of the wave is If y = 0.02 sin (30x - 400t) (SI units), the velocity of the wave is
Inadequate Airway, Breathing and Circulation in the Trauma Patient (Part 2) Inadequate Airway, Breathing and Circulation in the Trauma Patient (Part 2)
Video: Introduction to Pre-eclampsia

For a complete list of videos, visit our video library