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Author Question: The quantity theory of money explains how ________ depends on ________. A) real GDP; the money ... (Read 117 times)

audragclark

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on: Jun 30, 2018
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

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

E

Answer to Question 2

A


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