Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: valputin on Nov 29, 2015



Title: Cutting the money supply by one-third is predicted by the quantity theory of money to cause
Post by: valputin on Nov 29, 2015
Cutting the money supply by one-third is predicted by the quantity theory of money to cause
A) a decline in the price level by one-third.
B) a sharp decline in real output of one-third in the short run, and a fall in the price level by one-third in the long run.
C) a decline in output by one-sixth, and a decline in the price level of one-sixth.
D) a decline in real output by one-third.


Title: Re: Cutting the money supply by one-third is predicted by the quantity theory of money to cause
Post by: Meela on Dec 1, 2015
Content hidden


Title: Re: Cutting the money supply by one-third is predicted by the quantity theory of money to cause
Post by: valputin on Dec 14, 2015
This is great!


Title: Re: Cutting the money supply by one-third is predicted by the quantity theory of money to cause
Post by: Meela on Dec 14, 2015
Great! Happy to be right :p