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Author Question: According to the quantity theory, inflation is ultimately controlled by a. private firms who set ... (Read 9 times)

BrownTown3

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on: Jun 30, 2018
According to the quantity theory, inflation is ultimately controlled by
 
  a. private firms who set prices.
  b. the monetary authorities who control the money supply.
  c. those who control output.
  d. the price of oil.

Question 2

Imports into the U.S. increased when
 
  (a) deflation in the U.S. occurred.
  (b) real wages and incomes rose in the U.S.
  (c) the International Trade Commission was established.
  (d) all of the above occurred.


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wergv

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

(b)


BrownTown3

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

bitingbit

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

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