Write a paragraph that explains the correlation between money supply and economic growth.

1 answer:

4 0

Lets say you own a small home and you are earning $8,000 a month, that is enough money to pay your bills and buy groceries. At the end of the month lets say you only have $100 to spend on whatever you want. So now in your job you get promoted, so now you are making $30,000 in one month. You save $10,000 every month you pay your bills and you buy groceries and now you have $5,000 dollars to spend on whatever you want. At the end of 20 months you $200,000 you use that money to buy a bigger house with a nice car. So in conclusion the more money you get the more you can invest and investing in the right things will produce more and what you will be producing is called economic growth.

You might be interested in

Please HELP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!in your opinion, particularly based on recent acts of violence in the Middle East,

s2008m [1.1K]

Answer:

Yes and No

Explanation:

It all depends on how you view a resolve. Is it resolved if the illegitimate rulers are done away with and the people choose who they want over them? Or is it resolved if the people just adapt to the oppressive rulers and be content with the mental bondage?

So yes it can be resolved but it would more so be a compromise where no one is happy but it is essentially better for all those involved. Hope this helps.

6 0

2 years ago

A branch of Sociology that studies broad patterns of social behavior is called

lubasha [3.4K]

The right answer is C.
because the studies broad patterns of social behavior is called micro-sociology.

good luck

4 0

3 years ago

Martin luther king jr. not only worked for civil rights, but he also spoke out in support of the vietnam war. in support of defe

earnstyle [38]

Apart from leading the Civil rights movement, Martin Luther King Jr. also spoke against the war in Vietnam as well as the poverty in the US country.

<h3>Who is Martin Luther King Jr?</h3>

Martin Luther King Jr was the most popular activist and spokesperson in the Civil rights movement in the mid of 1950s. He led the movement to have a peaceful protest in finishing the counter prejudice and segregation in America.

He thought that the government should make investments in upgrading the standards of living for the poor people rather than spending the huge costs on the war upfront and war ammunition. He gave many speeches which have a greater impact on the nation in the 20th century.

To learn more about Martin Luther King Jr here:

brainly.com/question/1084532

4 0

1 year ago

What did African Americans experience LESS of while fighting in Europe?

ivanzaharov [21]

Answer:

African Americans experienced less because African Americans could not really fight back then we had to wait till the 15th ammendment

Explanation:

I'm only in 7th grade so hope this helps

5 0

2 years ago

Herzberg studied the relationship between:

kipiarov [429]

Herzberg studied the relationship between a motivation and job-related factors.

<h3>What is Herzberg theory?</h3>

The psychologist theory states a motivators such as recognition and achievement make the workers more productive, creative and committed.

Hence, its studied the relationship between a motivation and job-related factors.