Author Question: According to the quantity theory of money: a. the velocity of money is highly variable. b. the ... (Read 37 times)

jhjkgdfhk

  • Hero Member
  • *****
  • Posts: 569
According to the quantity theory of money:
 a. the velocity of money is highly variable.
  b. the money supply directly affects real GDP.
  c. the money supply inversely affects velocity.
  d. real GDP increases as the price level increases.
  e. P = MV/Q.

Question 2

Which type of unemployment is experienced by a person who is laid off at an office because word processing equipment and software reduce the need for typists?
 a. Seasonal.
  b. Cyclical.
  c. Voluntary.
  d. Structural.
  e. Frictional.



smrtceo

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

e

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

For a complete list of videos, visit our video library