The theory that if the velocity of money is stable, or at least predictable, changes in the money supply have predictable effects on nominal GDP is called ________
a. velocity of money theory
b. quantity theory of money
c. supply of money theory
d. inflation theory of money
b
Economics
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The PIH and LCH theories ________ the case for activism, while the procyclical behavior of consumer spending for durable goods ________ the case for activism
A) supports; supports B) supports; does not support C) do not support; does not support D) do not support; supports
Economics
King James of England granted the Virginia Company all land "from sea to sea." The Proclamation Line of 1763 supported this grant
Indicate whether the statement is true or false
Economics