khanhlan2109 khanhlan2109

22-07-2020
Business

contestada

g If the velocity of money triples, while real GDP and money supply remain unchanged, in the long run, the price level:

Respuesta :

ewomazinoade ewomazinoade

24-07-2020

Answer:

if velocity triples, then in the long run, price would triple

Explanation:

According to the quantity theory of money

velocity x money supply = output x price

if velocity triples, then in the long run, price would triple

Answer Link

Otras preguntas

why were advances in transportation and communication important to the second industrial revolution

divide the difference between 2400 and 900 by 3

use mental math to determine the solution to x - 3 = 10 .

what two promises did Federalist's make to win the support of those who intitally opposed the constituton

why were advances in transportation and communication important to the second industrial revolution

Identify the correct sentence. a. Drive South on Park road until you reach Euclid avenue. b. Drive south on Park Road until you reach Euclid Avenue. c. Driv

Choose the sentence that uses a preposition to express a logical relationship. A. He practiced for the piano recital from early morning to late aftern

one effect of uncontrolled diabetes is that the blood might develop an acidic ph. As a result, cells may not be able to regulate their internal pH. Within these

Explain how to determine whether to move right or left on the number line when adding rational numbers

What is nearest tenth of 20.25?