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Author Question: An economy's potential level of output can be altered by changes in: a. the actual price level. b. ... (Read 101 times)

littleanan

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on: Jun 30, 2018
An economy's potential level of output can be altered by changes in:
 a. the actual price level.
 b. the expected price level.
  c. aggregate demand.
 d. real GDP.
 e. its stock of capital.

Question 2

The velocity of money in circulation measures:
 a. the average length of time that people hold wealth.
 b. how fast aggregate spending will increase for a given decline in money demand.
  c. how fast inflation will rise for a given increase in the money supply.
 d. how quickly money changes hands.
 e. how quickly banks can create money.


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durant1234

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

e

Answer to Question 2

d


littleanan

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

dyrone

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

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