Solved

If Velocity and Output Are Fixed at 5 and 400

Question 61

Multiple Choice

If velocity and output are fixed at 5 and 400, respectively, and the price level is 2, then the money supply is

A) 4,000.
B) 200.
C) 160.
D) 40.

Related Questions

Q56: In the Classical view, inflation is the

Q57: A decrease in aggregate demand in the

Q58: The Cambridge k is all of the

Q59: Roughly speaking, the nominal interest rate is

Q60: The origins of modern monetarism lie in

Q62: The theory of "rational expectations" is most

Q63: Monetarists view government intervention in the economy

Q64: If I = S, then<br>A) C +

Q65: In the Classical view, falling interest rates

Q66: Money neutrality implies that changes in the