According to quantity equation the price level would change less the proportionately with a rise in the money supply if there were also
A: either a rise in output or a rise in velocity.
B: either a rise in output or a fall in velocity.
C: either a fall in output or a rise in velocity.
D: either a fall in output or a fall in velocity.
A: either a rise in output or a rise in velocity.
B: either a rise in output or a fall in velocity.
C: either a fall in output or a rise in velocity.
D: either a fall in output or a fall in velocity.
举一反三
- Call provisions will be exercised when interest rates _________ and bond values _________. A: rise; rise B: fall; rise C: rise; fall D: fall; fall
- The demand for corn increases. As a result, the price of corn will ________, and the less elastic the supply of corn, the ________ will be the effect on the price. A: fall; smaller B: fall; greater C: rise; smaller D: rise; greater
- A rise in the price of imports or a fall in the price of exports will:
- Milton Friedman contends that it is entirely possible that when the money supply rises, interest rates may _________ if the _________ effect is more than offset by changes in income, the price level, and expected inflation. A: fall; liquidity B: fall; risk C: rise; liquidity D: rise; risk
- Businesses are more willing to sell a product when the price _____ and less willing to sell it when prices _____. A: rises / rise B: rises / fall C: falls / rise D: falls / rise