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lianna [129]
3 years ago
13

Mailing cash to pay bills is encouraged by the United States Post Office officials.

Business
1 answer:
jeka943 years ago
7 0
False, it is never a good idea to send large amounts of money through Mail.

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If the money supply increases 12 percent, velocity decreases 4 percent, and the price level increases 5 percent, then the change
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Answer: Option (A) is correct.

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Given that,

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According to the quantity theory of money,

Percent Change in M + Percent Change in V = Percent Change in P + Percent Change in Y

                                                         12% - 4% = 5% + Percent Change in Y

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                                                                         = 3%

Therefore, change in real GDP must be 3%.

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