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Author Question: The quantity theory of money assumes a constant ratio of ________. A) money demand to money ... (Read 151 times)

cartlidgeashley

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The quantity theory of money assumes a constant ratio of ________.
 
  A) money demand to money supply B) money supply to nominal GDP
  C) money supply to real GDP D) real GDP to nominal GDP

Question 2

If the institutions in an economy change from being extractive to inclusive, then in the economy:
 
  A) geographical conditions will improve. B) returns to education will decrease.
  C) returns to entrepreneurship will increase. D) geographical conditions will deteriorate.



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Kingjoffery

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Answer to Question 1

B

Answer to Question 2

C




cartlidgeashley

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


frankwu0507

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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