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Author Question: The number of times per year each dollar is used to transact an exchange is the: a. quantity theory ... (Read 106 times)

student77

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on: Jun 30, 2018
The number of times per year each dollar is used to transact an exchange is the:
 a. quantity theory of money.
  b. velocity of money.
  c. equation of exchange.
  d. turnover rate.
  e. expenditure rate.

Question 2

If the MPC = .75, the spending multiplier is:
 a. 4.
  b. 5.
  c. 1.33.
  d. 1.20.
  e. .25.


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raenoj

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

b

Answer to Question 2

a


student77

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  • Posts: 567
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

miss.ashley

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

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