According to the quantity theory of money, a 10 percent increase in the money supply leads to a 10 percent increase in:

When we speak of the national debt, we refer to the federal government debt only

a. True b. False Indicate whether the statement is true or false

Gold is a perfect medium of exchange and measure of value because of its

a. divisibility, portability, and homogeneity b. divisibility and durability c. durability and relative scarcity d. durability and homogeneity e. divisibility, durability, and relative scarcity