The quantity theory of money indicates that in any country the money supply is equated to the demand for money, which is inversely proportional to the money value of the gross domestic product.(
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举一反三
- The role of money as a store of value refers to: () A: the value of<br/>money falling only when the money supply falls. B: the value of<br/>money falling only when the money supply increases. C: the fact that<br/>money allows worth to be stored readily. D: the fact that<br/>money never loses its value compared with other assets.
- If the money interest rate is measured on the y-axis and the quantity of money is measured on the x-axis, the money supply curve is:（） A: horizontal. B: upward sloping to the upper right. C: vertical.
- The bad money in the law of bad money expelling good money refers to ( ). A: A money whose nominal value is higher than its real value B: A money whose nominal value is lower than their real value C: Money with no nominal value D: Money with no real value
- Inflation occurs when: （ ） A: the stock of goods and services increases and the quantity of money in circulation decreases. B: the money supply decreases and the output increases. C: output increases faster than the money supply. D: the quantity of money in circulation rises faster than the stock of goods and services.
- The role of money that does not cause the demand for money is ( ). A: Standard of value B: Means of exchange C: Means of payment D: Store of value