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Author Question: The quantity theory of money implies that a 7% increase in the ________ will eventually cause a 7% ... (Read 24 times)

darbym82

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on: Apr 19, 2019

Question 1

If income is $60 billion, the price level is 6, and the stock of money is $36 billion, what is the velocity of money?


◦ 2.4
◦ 3.6
◦ 10
◦ 36

Question 2

The quantity theory of money implies that a 7% increase in the ________ will eventually cause a 7% increase in the ________.


◦ money demand; inflation rate
◦ money demand; money supply
◦ money supply; price level
◦ money supply; money demand
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by darbym82 on Apr 19, 2019

amanda_14

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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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darbym82

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

coreycathey

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Reply 3 on: Yesterday
:D TYSM

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