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Home Q & A Board Other Fields Homework Help Business Economics
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bedau bedau
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6 years ago
If the demand for money is relatively stable,
A) the velocity of money will be constant.
B) the velocity of money will grow at a steady and predictable rate.
C) a fixed growth rate for the nominal money supply will lead to a stable growth rate of nominal GDP.
D) B and C are both correct.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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bedau Author
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#2
5 years ago
thanks !
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