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Author Question: According to the quantity theory of money, nominal GDP will ________ if the money supply ________. (Read 88 times)

clmills979

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on: Apr 19, 2019

Question 1

In the quantity theory of money, velocity is assumed


◦ to equal 1.4.
◦ constant.
◦ to increase with increases in the money supply.
◦ to be a declining number.

Question 2

According to the quantity theory of money, nominal GDP will ________ if the money supply ________.


◦ fall by 50%; rises by 50%
◦ rise by 50%; falls by 50%
◦ double; doubles
◦ rise by 100%; falls by 50%
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by clmills979 on Apr 19, 2019

nixon_s

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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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clmills979

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Reply #2 on: Apr 19, 2019
Thank you!


nixon_s

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Reply #3 on: Apr 19, 2019
Always glad to help...


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