The "V" in the equation of exchange MsV = PY refers to
A) the velocity of inflation. B) a variable.
C) income velocity of money. D) a vector that links P to Y.
C
Economics
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One trend in labor markets is:
A. a slowdown in real wage growth in the United States since 1973. B. decreasing wage inequality in the United States. C. a decrease in average real wages in the United States and other industrial countries. D. weak rates of job creation in the United States since 1980.
Economics
Refer to the following computer output from estimating the parameters of the nonlinear modelY = aRbScTdThe computer output from the regression analysis is: Based on the info above, if R decreases by 10% (all other things constant), Y will
A. decrease by 4.66%. B. increase by 46.6%. C. increase by 4.66%. D. decrease by 46.6%.
Economics