D Equation of change is represented by O money supply* velocity = real GDP money supply* nominal GDP price* real GDP O m
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D Equation of change is represented by O money supply* velocity = real GDP money supply* nominal GDP price* real GDP O m
Question 15 An increase in 1 billion dollars in savings in the economy would result in O an increase in M1 only O an increase in M1 and no change in M2 an increase in M1 and M2 O an increase in M2 only Question 16 Which of the following will not cause the demand for a product to change? O change in the price of close substitute of the product increase in consumer incomes O change in the price of the product a change in consumer tastes
D Equation of change is represented by O money supply* velocity = real GDP money supply* nominal GDP price* real GDP O money supply* velocity-nominal GDP O money supply"price-nominal GDP