The simple quantity theory of money predicts that if
a. GDP rises by $400, then the money supply rises by $400.
b. the money supply falls by $300, then GDP rises by $300.
c. the money supply rises by $200, then GDP falls by $200.
d. the money supply rises by 10 percent, then the price level rises by 10 percent.
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The simple quantity theory of money predicts that if a. GDP rises by $400, then the money supply rises by $400. b. the money supply falls ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » The simple quantity theory of money predicts that if a. GDP rises by $400, then the money supply rises by $400. b. the money supply falls by $300, then GDP rises by $300. c. the money supply rises by $200, then GDP falls by $200. d.