Answer:
Kindly check explanation
Explanation:
The quantity theory generally represented by the formula:
MV = PT
Where ;
M, money supply, that is monet in the economy
V, velocity of money, which shows the rate at which money is used to obtain a finished product.
P ; average price level
T ; volume of transactions, good and services transacted in. the economy
The quantity theory explains how variation in the quantity of money in circulation within an economy causes variation in the price level of goods and services.
B.)
From the money quantity theory, we can observe a proportional relationship between quantity of money supply and the price level of goods. With more money in circulation, people are able to increase their demand for goods and services. Increase demand drives prices Hence, causing inflation.
Act I of the play, the Scarlet Pimpernel, delivers the seriousness Macbeth takes for the prediction that names him the future king of Scotland.
<h3>What is The Scarlet Pimpernel?</h3>
The Scarlet Pimpernel is a novel written by Baroness Orczy in 1905. It is based on the theme of the novel has been the feeling of loyalty that must be experienced by one towards his country, spouse, and family.
Act I of the play has been focusing on the stresses that are the witches predictions are considered way too serious as Macbeth's prediction named him the future king of Scotland. Thus, option C is correct.
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Answer:
Reason for writing. 1st choice
