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Author Question: According to the quantity theory of money, nominal GDP will double if the money supply is (Read 77 times)

biggirl4568

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on: Apr 19, 2019

Question 1

Which of the following is assumed constant in the quantity theory of money?


◦ money supply
◦ velocity
◦ the price level
◦ output

Question 2

According to the quantity theory of money, nominal GDP will double if the money supply is


◦ reduced by one-half.
◦ reduced threefold.
◦ doubled.
◦ tripled.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by biggirl4568 on Apr 19, 2019

shaikhs

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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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biggirl4568

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

adf223

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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