In a country with floating exchange rates, the increase in the real income is the result of a(n) ________ in the money stock when capital mobility is ________
A) increase; high or low
B) decrease; high or low
C) increase; high
D) decrease; low
A
Economics
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A) increases the future value of the stock. B) reduces the current dividend. C) reduces the value of a stock. D) reduces the expected growth rate of the dividend.
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The causal link between money growth and inflation is most closely associated with
A) Jevons. B) Kiyotaki and Wright. C) Friedman and Schwartz. D) Diamond and Dybvig.
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