This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An expansionary gap generally creates inflationary pressure in an economy. a. True b. False ... (Read 26 times)

cabate

  • Hero Member
  • *****
  • Posts: 537
on: Jun 30, 2018
An expansionary gap generally creates inflationary pressure in an economy.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

An increase in the expected inflation rate causes:
 a. the velocity of money to increase.
  b. the velocity of money to decrease.
  c. the actual inflation rate to fall.
 d. the actual price level to decrease.
  e. the money supply to increase.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

a


cabate

  • Hero Member
  • *****
  • Posts: 537
Reply #2 on: Jun 30, 2018
Correct answers!


voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

When using forearm pressure on the top of the shoulder, push with your back foot to increase your ... When using forearm pressure on the top of the shoulder, push with your back foot to increase your ...
Temperature influences air pressure. Temperature influences air pressure.
Compression using reinforced palm. The heel of the top hand is placed to avoid putting pressure on ... Compression using reinforced palm. The heel of the top hand is placed to avoid putting pressure on ...
Pressure and altitude with formula Pressure and altitude with formula
Physics - Pressure, Density, Pascal's Principle Physics - Pressure, Density, Pascal's Principle
Measuring Blood Pressure Measuring Blood Pressure
Video: SNP Polymorphysim Microarray Chip - How to Test a Person's DNA

For a complete list of videos, visit our video library