Author Question: The quantity theory of money explains how ________ depends on ________. A) real GDP; the money ... (Read 118 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
The quantity theory of money explains how ________ depends on ________.
 
  A) real GDP; the money supply
  B) the price level; the demand for money
  C) the money supply; the velocity of money
  D) all of the above
  E) none of the above

Question 2

Limited commitment means
 
  A) one cannot credibly promise something.
  B) one saves only part of what is optimal.
  C) only some households are allowed to save.
  D) there is rationing on the credit market.



angrybirds13579

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

E

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

For a complete list of videos, visit our video library