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 95 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?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Atmospheric pressure decreases as altitude increases. Atmospheric pressure decreases as altitude increases.
Mutualisms, such as those that occur among plants and pollinators, generally involve large numbers o Mutualisms, such as those that occur among plants and pollinators, generally involve large numbers o
Mutualisms, such as those that occur among plants and pollinators, generally involve large numbers o Mutualisms, such as those that occur among plants and pollinators, generally involve large numbers o
Measuring jugular venous pressure Measuring jugular venous pressure
A gasoline direct-injection system injects fuel under high pressure directly into the combustion ... A gasoline direct-injection system injects fuel under high pressure directly into the combustion ...
Physics - Density and Pressure Physics - Density and Pressure
Video: Predator- prey competition and symbiosis

For a complete list of videos, visit our video library