The quantity theory of money assumes that the velocity of money:
A. is constant.
B. will rise if the money supply rises and fall if the money supply falls.
C. will rise if the money supply rises, but it will not change if the money supply falls.
D. will fall if the money supply rises, and it will rise if the money supply falls.
Answer: A
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Refer to the scenario above. If the investor plans to invest a sum of $4,000, which of the following statements is true?
A) All three investment options are equally profitable. B) Options A and B are profitable investment options, whereas Option C is not. C) Options A and C are profitable investment options, whereas Option B is not. D) Options B and C are profitable investment options, whereas Option A is not.
Under the Gramm-Leach-Bliley Act states retain regulatory authority over
A) bank holding companies. B) securities activities. C) insurance activities. D) bank subsidiaries engaged in securities underwriting.