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

Author Question: In the equation of exchange, an increase in M of 8 percent could be accompanied by changes in ... (Read 33 times)

strangeaffliction

  • Hero Member
  • *****
  • Posts: 660
on: Jun 30, 2018
In the equation of exchange, an increase in M of 8 percent could be accompanied by changes in velocity, the price level and real GDP of:
 a. -2, 3, 3.
  b. 4, 0, 4.
  c. 2, 8, 8.
  d. 8, 8, 4.

Question 2

If the government wanted a tax to not burden consumers much, it would want to tax an industry with:
 a. elastic supply and demand curves.
  b. inelastic supply and demand curves.
  c. inelastic supply and elastic demand.
  d. elastic supply and inelastic demand.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chreslie

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


strangeaffliction

  • Member
  • Posts: 660
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

For linked genes, recombinant frequencies are less than 50 percent For linked genes, recombinant frequencies are less than 50 percent
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
How to determine an equation in factored form from a graphed parabola How to determine an equation in factored form from a graphed parabola
Regeneration of EF-Tu–GTP by Tu–Ts exchange Regeneration of EF-Tu–GTP by Tu–Ts exchange
Increase in rainfall on continents Increase in rainfall on continents
Simplify Exponential Equation Simplify Exponential Equation
Video: Steps of glucose catabolism

For a complete list of videos, visit our video library