![kprincess16r](/avatars/25717.jpg)
kprincess16r
17.12.2019 •
Business
According to the assumptions of the quantity theory of money, "if the money supply decreases by 7 percent, then"
a. nominal and real gdp would fall by 7 percent.
b. nominal gdp would fall by 7 percent; real gdp would be unchanged.
c. nominal gdp would be unchanged; real gdp would fall by 7 percent.
d. neither nominal gdp nor real gdp would change.
Solved
Show answers
More tips
- F Food and Cooking How to Make Polendwitsa at Home?...
- F Family and Home Parents or Environment: Who Has the Most Influence on a Child s Upbringing?...
- P Philosophy Unbelievable stories of encounters with otherworldly forces...
- L Leisure and Entertainment How to Choose the Perfect Gift for Men on February 23rd?...
- H Health and Medicine How to Treat Whooping Cough in Children?...
- H Health and Medicine Simple Ways to Lower Cholesterol in the Blood: Tips and Tricks...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
- L Leisure and Entertainment History of International Women s Day: When Did the Celebration of March 8th Begin?...
- S Style and Beauty Intimate Haircut: The Reasons, Popularity, and Risks...
- A Art and Culture When Will Eurovision 2011 Take Place?...
Answers on questions: Business
- B Business LC Delivery has decided to sell 1,800 shares of stock through a Dutch auction. The bids received are as follows: 600 shares at $37 a share, 800 shares at $36, 900 shares...
- B Business The managers of Comfort Clothing regularly compare actual profits with the firm s projected profits. When deviations occur, the managers use the feedback to take corrective...
- B Business Allen filed his 2016 tax return on May 15th, 2017 and underreported his gross income by 30 percent. Assuming Allen s underreporting is not due to fraud, the statute...
- B Business On January 1, a company borrowed cash by issuing a $380,000, 6%, installment note to be paid in three equal payments at the end of each year beginning December 31. (FV...
- B Business On March 31, 2015, Big Boats Company entered into a contract with Vacations Unlimited to produce a state-of-the-art cruise ship, to be completed within three years....
- B Business Matthew recently invested in 15-year Bathtub Brewing Company bonds paying 8% interest annually, with a maturity date of 2035. The bonds are callable in 2030. If interest...
- B Business On January 10, Winchester Pet Supplies orders fifty small dog collars from Quality Collars, Inc. to be delivered by January 15. On January 13, Quality Collars tenders...
- B Business True or False The error term is the difference between an individual value of the dependent variable and the corresponding mean value of the dependent variable. The...
- B Business Which of the external and internal pressure considered are referred to?...
- B Business Which one of the following opretional beduget...
Ответ:
If the money supply decreases by 7 percent, then nominal GDP would fall by 7 percent; real GDP would be unchanged.
Option B
Explanation:
The quantity theory of money informs in monetary economics that perhaps the real price level of products and services is proportional to the sum of demand or capital in circulation.
Throughout the 16th century, the idea of a principle of the quantity of money (QTM) began. The resulting increase in inflation occurred when gold and silver streams from America to Europe have been pumped into coins.
In the case of a 7 percent drop in the cash surplus, the nominal GDP is set to fall by 7 percent, according to the principle of money volume; real GDP is unaffected.
Ответ:
to create brighter light
Explanation: