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

Author Question: The major difference between the quantity theory of money (QTM) and the equation of exchange (EOE) ... (Read 35 times)

Mr.Thesaxman

  • Hero Member
  • *****
  • Posts: 514
on: Jun 30, 2018
The major difference between the quantity theory of money (QTM) and the equation of exchange (EOE) is:
 a. QTM deals with different macroeconomic variables than EOE.
  b. EOE is a tautology and QTM is a theory.
  c. EOE is a theory, and QTM is a tautology.
  d. There is no difference between QTM and EOE. They are both basically looking at the same variables in the same way. One approach is monetarist and the other is Keynesian.
  e. EOE is a stock concept, and QTM is a flow concept.

Question 2

An increase in government spending causes the:
 a. Monetary base to fall.
  b. Monetary base to either rise or fall, depending on the state of the economy.
  c. No change in the monetary base.
  d. Monetary base to rise.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wshriver

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 30, 2018
Answer to Question 1

.B

Answer to Question 2

.C


Mr.Thesaxman

  • Member
  • Posts: 514
Reply 2 on: Jun 30, 2018
:D TYSM

mcarey591

  • Member
  • Posts: 365
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Location of the major baroreceptors. Location of the major baroreceptors.
Total fertility rates (TFRs) among major regions of the world. Total fertility rates (TFRs) among major regions of the world.
The major human endocrine glands and their central nervous system control centers The major human endocrine glands and their central nervous system control centers
How to sketch a quadratic equation using transformations after completing the square (Question 2) How to sketch a quadratic equation using transformations after completing the square (Question 2)
How to quickly find the vertex of a quadratic equation that is in standard form How to quickly find the vertex of a quadratic equation that is in standard form
Consequences of a double exchange occurring between two nonsister chromatids Consequences of a double exchange occurring between two nonsister chromatids
Video: Cardiac Cycle (Part 1 of 4)

For a complete list of videos, visit our video library