Which of the following is true?
a. Due to anti-employment discrimination legislation that was passed in the early 1960s, there was a large increase in the earnings of women relative to men in the 1960s and 1970s.
b. The female/male earnings ratio for full-time workers has been virtually constant since 1980.
c. The number of women preparing for careers as professionals has increased substantially since the 1980s.
d. In recent years only about 40 percent of those completing college degrees were women.
C
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According to the classical model, both prices and nominal income would double if the quantity of money
a) doubled. b) remained constant. c) tripled. d) halved.
Define the quantity theory of money and show how it is related to the equation of exchange
What will be an ideal response?