According to the quantity theory of money, in the long run:
A. the inflation rate is the growth rate of the money supply minus the growth rate of aggregate output.
B. the growth rate of aggregate output is the growth rate of the money supply plus the inflation rate.
C. the growth rate of aggregate output is the growth rate of velocity minus the inflation rate.
D. the inflation rate is the growth rate of velocity minus the growth rate of aggregate output.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “According to the quantity theory of money, in the long run: A. the inflation rate is the growth rate of the money supply minus the growth ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The Gomez Trust is required to distribute $80,000 annually, split equally between its two income beneficiaries, Lara and Byron. If trust income is not sufficient to pay these amounts, the trustee can invade corpus to the extent necessary.
Answers (1)
What is Reimbursement?
Answers (1)
The unemployment compensation program: a. makes recessions more severe. b. makes recessions more severe and inflationary episodes less severe. c. makes recessions less severe and inflationary episodes more severe. d. makes recession less severe. e.
Answers (1)
Sneed Corporation reported balances in the following accounts for the current year: Beginning Ending Income tax payable $ 50 $ 30 Deferred tax liability 80 140 Income tax expense was $230 for the year. What was the amount paid for taxes?
Answers (1)
The factors of production influence an item's: A. demand. B. availability. C. cost. D. quality.
Answers (2)
New Questions in Business
involves matching the candidate's intellectual and physical skills to those of the job being filled. a. Person-organization fit b. Cognitive analytics c. Ability-job fit d. Personality-ability fit e. Personality-job fit
Answers (1)
Assume that a $1,000,000 par value, semiannual coupon US Treasury note with five years to maturity has a coupon rate of 6%. The yield to maturity (YTM) of the bond is 11.00%.
Answers (2)
The shareholders' equity of Green Corporation includes $200,000 of $1 par common stock and $400,000 par of 6% cumulative preferred stock.
Answers (1)
True or False: An interest-bearing account is an account that generates interest income on the available balance in the account. → False
Answers (1)
Answer the question on the basis of the following information for a bond having no expiration date: bond price = $1,000; bond fixed annual interest payment = $100; bond annual interest rate = 10 percent. Refer to the given information.
Answers (1)