Multiple Choice
In the equation of exchange,when will velocity tend to rise?
A) when the price level falls, other things being equal
B) when the nominal GDP falls, other things being equal
C) when the money supply rises, other things being equal
D) when real GDP rises, other things being equal
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q50: Which of the following best describes the
Q51: What is the relationship between inflation and
Q52: If policies of the Bank of Canada
Q53: What does P x Q represent in
Q54: Which of the following best describes the
Q56: What is the impact on GDP if
Q57: What effect would a combination of an
Q58: When the Bank of Canada purchases government
Q59: What effect would a combination of an
Q60: How would the Bank of Canada use