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prohojiy [21]
3 years ago
13

According to classical macroeconomic theory, changes in the money supply affect:_______.

Business
1 answer:
Ivahew [28]3 years ago
6 0

Answer:

Option A. real GDP and the price level.

Explanation:

Option “A” is correct because the change in money supply (say increase) will decrease the interest rate and that will result in an increase in investment and more investment will generate more jobs and more money in consumers’ hands. Thus, they will stimulate the spending and aggregate demand will increase. Resulting in the rise in price and rise in real GDP. therefore, option A is right.

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3 years ago
26. Which of the following best describes an entrepreneur? A) a person who forms and operates a business B) a person who invests
scoundrel [369]

Answer:

A) a person who forms and operates a business

Explanation:

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3 years ago
Using someone else's money, promising to repay at a future date, and paying a fee for use of the money, is the definition for:
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Justin is the CEO of Nexon Inc. He works in an open office and encourages his employees to approach his desk any time of day. Ju
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Answer:

The answer is: Democratic management style

Explanation:

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