Multiple Choice
The quantity theory of money is a theory of how
A) the money supply is determined.
B) interest rates are determined.
C) the nominal value of aggregate income is determined.
D) the real value of aggregate income is determined.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q83: The classical economists' contention that prices double
Q84: In Irving Fisher's quantity theory of money,velocity
Q85: Evidence suggests that a liquidity trap is
Q86: _ quantity theory of money suggests that
Q87: What factors determine the demand for money
Q89: Tobin's model of the speculative demand for
Q90: Keynes's model of the demand for money
Q91: Keynes argued that when interest rates were
Q92: The view that velocity is constant in
Q93: In the liquidity trap,the money demand curve<br>A)is