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.
Answer:
It would be nevertheless.
Explanation:
Using otherwise is basically saying if one thing doesn't happen then something else will happen. EX: Do this otherwise..
Please, what do you mean in your statement? I will gladly help if you just make this a question. You can comment me and I will help.
He is afraid the others will make fun of him.<span>This is because they didn't believe Lucy, so it gave him reasoning to not want to tell them.</span>
