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.
<span>Answer: a "confidence estimate" .
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The_is the senior manager who is responsible for the overall financial
health of a company.
ANSWER: the answer is a chief financial officer (CFO).
Hope this helped :)
<span>B.
Benjamin Franklin
I hope this helps.
Fun fact: </span><span>Benjamin Franklin FRS FRSE was a renowned polymath and one of the Founding Fathers of the United States.
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