The quantity theory of money asserts that inflation is the result of growth in
A) the quantity of money.
B) potential GDP.
C) the natural rate of unemployment.
D) money wage rates.
A
Economics
You might also like to view...
The socially optimal amount of pollution is
A) zero. B) greater than zero. C) indeterminant. D) unattainable.
Economics
If Irene can make either four chairs or one table in an hour and Greg can make either three chairs or two tables in an hour then
A) Irene has the absolute advantage in the production of chairs. B) Irene has the comparative advantage in the production of tables. C) Greg has the absolute advantage in the production of chairs. D) Greg has the comparative advantage in the production of chairs.
Economics