The barter system requires the double coincidence of wants to be fulfilled

When economists say that an interest rate is compounding, they imply that:

A) the rate of interest decreases every year. B) the rate of interest increases every year. C) interest is being earned on interest. D) double the interest payment is received every two years.

The proposition that the velocity of money is fairly constant in the long run is known as the ________

A) neutrality of money B) classical dichotomy C) quantity theory of money D) Fisher effect E) none of the above