The quantity theory of money seeks to explain the connection between money and

A) output. B) unemployment. C) prices. D) interest rates.

C

Economics

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Which of the following is true according to the circular flow model?

A. Firms are suppliers in both the product and factor markets. B. Firms are demanders in the product markets and suppliers in the factor markets. C. Households are demanders in both the product and factor markets. D. Households are demanders in the product markets and suppliers in the factor markets. E. The government is a demander in the product market only.

Economics

What are some of the forms that central planning has taken in developing nations today?

What will be an ideal response?

Economics