Unit 4-MACROEX Take Test: Unit 4D ECON 202 Macro x D ECON 202 Macro × D ECON 202

Question

Unit 4-MACROEX Take Test: Unit 4D ECON 202 Macro x D ECON 202 Macro × D ECON 202 Macro × it secure https://blackboard.towson.edu/webapps/assessment/takelaunch.jsp?course-assessment_id=-1 59908-1&cou; ¥ Question Completion Status: QUESTION 9 From the equation of exchange, we know that a change in the money supply changes nominal GDP when we assume that O money velocity stays the same. O price level stays the same. O real GDP stays the same. O None of the above is correct. QUESTION 10 Automatic stabilizers are key elements of O monetary policies. O fiscal policies. both monetary and fiscal policies. neither monetary nor fiscal policies. OLESTION 11

Explanation / Answer

Q9
Option first

as per quantity theory of money
MV=PY
M=money supply
V=velocity
PY=nominal GDP
if the velocity is constant then the increase in money supply increases NGDP

Q10
Option second
Fiscal policies
The autonomic stabilizer is used to stabilize the economy , these are taxes, transfer payment, and unemployment insurance etc.

these are the component of fiscal policy.

Related Questions

Navigate

• Browse (All)
• Browse U
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.