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Author Question: The quantity theory of money implies that a 3% increase in the money supply will eventually cause (Read 159 times)

rl

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on: Apr 19, 2019

Question 1

If income is $30 billion, the price level is 3, and the stock of money is $18 billion, what is the velocity of money?


◦ 1.4
◦ 1.8
◦ 5
◦ 180

Question 2

The quantity theory of money implies that a 3% increase in the money supply will eventually cause


◦ a 3% increase in real GDP.
◦ a 3% increase in disposable income.
◦ a 3% increase in the price level.
◦ a 3% decrease in the unemployment rate.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by rl on Apr 19, 2019

Laurenleakan

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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rl

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Reply #2 on: Apr 19, 2019
Thanks


Laurenleakan

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Reply #3 on: Apr 19, 2019
Welcome :)


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