In the long run with a constant velocity of circulation, the inflation rate ______. A. Is constant
Question:
In the long run with a constant velocity of circulation, the inflation rate ______.
A. Is constant and equals the money growth rate
B. Equals the money growth rate minus the growth rate of real GDP
C. Equals the growth rate of real GDP minus the growth rate of money
D. Is positive if the economic growth rate is positive
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
Answer B If velocity is const...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
1. The presence of _______explains the negatively sloped portion of a long-run average-cost curve, and the notion of _______explains the horizontal portion of the curve. 2. Consider the information...
-
One argument for giving discretion to central bankers is that sometimes emergencies come along that a simple rule cant solve. Suppose theres a massive, permanent negative shock to velocity....
-
Fixed amount of Land for Oil Drilling: Suppose that your oil company is part of a competitive industry and is using three rather than two inputslabor , capital k and land L to produce barrels of...
-
When the government allows private firms to extract minerals offshore or on public lands, two common means of sharing in the profits are bonus bidding and production royalties. The former awards the...
-
Describe the two subgroups that can form under Vertical Dyadic Linkage Theory.
-
This problem is based on a recent annual report of the City of Tucson. Dates have been changed. 1. The MD&A reports that the city's general obligation bonds were rated AA-by Standard & Poor's. What...
-
What should you do if you think that a bill is wrong or want more information about it? How should your creditor respond to your attempt to resolve the situation?
-
The ledger of Villa Rental Agency on March 31 of the current year includes the selected accounts, shown below, before adjusting entries have been prepared. An analysis of the accounts shows the...
-
3h On April 17, 2024, the Loadstone Mining Company purchased the rights to a copper mine. The purchase price plus additional costs necessary to prepare the mine for extraction of the copper totaled...
-
One of the tasks for an operating system is the job of scheduling computations to be performed by the processor(s) that are part of that system. A subtask that comes up in some processor scheduling...
-
If the quantity theory of money is correct and other things remain the same, an increase in the quantity of money increases _______. A. Nominal GDP and the velocity of circulation B. The price level...
-
The costs of inflation do not include _______. A. The cost of running around to compare prices at different outlets B. The increased opportunity cost of holding money C. The tax on money held by...
-
Assume that three years ago you purchased a corporate bond that pays 5.8 percent. The purchase price was $1,000. What is the annual dollar amount of interest that you receive from your bond...
-
Thoroughly define organizational culture and provide three examples of different types of organizational cultures. Several sources and examples support thinking. explain how leaders and managers...
-
A dad pushes tangentially on a small hand-driven merry-go-round and is able to accelerate it from rest to a frequency of 14 rpm in 10.0 s. Assume the merry-go-round is a uniform disk of radius 2.5 m...
-
Solve for x: -2(1-3x)+3x=5
-
What is Vertical integration strategy and its current and potential benefits for creating shared value?
-
Chris is the the principal Licensee at City Real Estate. He has built the agency over the last six years and he has established a strong client base and reputation within the local region. He has...
-
1. Maslows progression principle stops working at the level of needs. (a) growth (b) self-actualization (c) achievement (d) self-esteem 2. Lower-order needs in Maslows hierarchy correspond to needs...
-
Decades after the event, Johnson & Johnson (J&J), the 130-year-old American multinational, is still praised for swiftly The company indicated that its response was based on the expectations set forth...
-
The Pacific islands tuna cartel is boosting jobs by watching fish Monitoring fishing vessels could be a growth industry in the Pacific island nations that govern the worlds largest tuna fishery. By...
-
Permits to test for oil, gas in Atlantic under review Nine permits for seismic testing to look for oil and gas off the East Coast are under review. Are the oil and gas reserves public goods, private...
-
When ITQs are assigned, the market price of an ITQ equals the______. A. Marginal benefit consumers receive from the fish caught B. Marginal private cost of fishing C. Marginal external cost of...
-
Assume that actual overhead costs were $77,000 and overhead allocated to jobs was $53,000. The unadjusted balance in Manufacturing Overhead would be because the overhead was OA. $24,000 credit...
-
4. The city of Alpine incurred the following costs during the year in its property tax collection department: Purchase of computer equipment Salaries and wages Purchase of electricity from the...
-
What is Customer Support Services in functions of marketing? A . The first impressions your product B . A separate identity C . Support services that a product requires D . Selling price per unit...
Study smarter with the SolutionInn App