The equation specifying a direct relationship between the money supply and prices is the quantity theory of:

a. money.
b. prices.
c. exchange.
d. spending.
e. dollars.


a

Economics

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Indicate whether the statement is true or false

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What will be an ideal response?

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One reason stagflation is difficult to recover from is because:

A. less output requires less inputs to be hired. B. prices tend to adjust more quickly downward than upward. C. wages are sticky downward. D. input prices increase with output prices.

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The incidence of the tax between buyers and sellers depends only on the elasticity of demand

Indicate whether the statement is true or false

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