The quantity theory of money is a theory of how

A) the money supply is determined.
B) interest rates are determined.
C) the nominal value of aggregate income is determined.
D) the real value of aggregate income is determined.

C

Economics

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________are the owners of a corporation

A) The board of directors B) Stockholders C) Top management D) Bondholders

Economics

Which of the following statements is true?

A. OLS estimates in censored regression models are consistent estimators of the population coefficients. B. In a truncated regression model, the samples are not included randomly from an underlying population but are based on a given rule. C. In a censored regression model, units in the sample are taken from a particular subset of the population. D. Maximum likelihood estimators are consistent in truncated regression models even if there is nonnormality or heteroskedasticity in the error terms.

Economics