If MV rises from 180 to 270,
A. PQ will fall by 50%.
B. PQ will stay the same.
C. PQ will rise by 50%.
D. PQ will rise by 100%.
C. PQ will rise by 50%.
You might also like to view...
How does an increase in inflation affect the nominal exchange rate?
What will be an ideal response?
Class stratification refers to a situation in which people are trapped in a particular income rank
Indicate whether the statement is true or false
Stretchy Socks, Inc, is expected to earn $2,000,000 in after-tax profits each year forever. The interest rate is 0.1 . What is the total value of all shares of stock in Stretchy Socks?
a. $1,818,182 b. $2,000,000 c. $16,528,926 d. $18,181,818 e. $20,000,000
Technological change that makes workers more productive should increase the demand for labor
Indicate whether the statement is true or false