The quantity theory asserts that real GDP is
A) not influenced by the quantity of money.
B) never different from potential GDP.
C) equal to nominal GDP multiplied by the quantity of money.
D) equal to nominal GDP divided by the quantity of money.
A
Economics
You might also like to view...
Figure 17-10
Refer to . Producer surplus with the tariff is
a.
G.
b.
C + G.
c.
A + C + G.
d.
A + B + C + G.
Economics
Which of the following would not be classified as an economic resource by economists?
A. A professional soccer player. B. Water in a town's reservoir. C. Money in a business checking account. D. The manager of the local hamburger restaurant.
Economics