According to the quantity theory of money, the quantity of money determines the
a. interest rate.
b. level of real output.
c. price level.
d. level of employment.
C
Economics
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If the farm adopted a new technology, which allows it to use fewer resources to fatten chickens, explain how the farm's production possibilities will change. Explain how the opportunity cost of producing a bushel of soybean will be affected
What will be an ideal response?
Economics
“Cream skimming” usually results in
A. cross-subsidization of markets. B. subsidies to rural consumers of the service. C. regulations to provide universal service. D. monopoly.
Economics