Multiple Choice
According to the quantity theory of money,if the money supply grows at 25% and the inflation rate is 20%,the growth in real GDP is
A) 0.8%.
B) 1.25%.
C) 5%.
D) 45%.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q30: If Jennifer withdraws $750 from her chequing
Q31: The German hyperinflation of the early 1920s
Q32: Suppose the velocity of money is not
Q33: If bananas were used as money,which of
Q34: The costs of inflation to households and
Q36: Hyperinflation can be caused by<br>A) the central
Q37: Which of the following functions of money
Q38: If actual inflation is lower than expected
Q39: Suppose you lend $5000 to your brother
Q40: Suppose banks hold no excess reserves,households and