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Masteriza [31]
3 years ago
12

(a) Explain the quantity theory and (b) how does the theory explains the cause of inflation​

English
1 answer:
Umnica [9.8K]3 years ago
8 0

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.

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3 years ago
From the article "Mentors play a critical
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The statement that identifies the central idea of the text is that D. Students that reported having a faculty member or peer as a mentor felt more positively about their college experience and performed better.

<h3>What is central idea?</h3>

It should be noted that the central idea simply means the main idea that's conveyed based in the information that's given in the story.

Here, the statement that identifies the central idea of the text is that students that reported having a faculty member or peer as a mentor felt more positively about their college experience and performed better.

It should be noted that a mentor is important in guiding the students on the right path.

Learn more about central idea on:

brainly.com/question/2684713

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1 year ago
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gayaneshka [121]

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So, if you are asking me to regard your sentence, it should look like this...

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I really hope this helps!

8 0
4 years ago
Read this sentence: "Norman _______ algebra." How would you fill in the blank with the present perfect tense of the verb study?
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7 0
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Read 2 more answers
When you visualized before you read the article, were your visualizations accurate? How were they different or the same from the
Pani-rosa [81]

The question above requires a personal answer about the article you need to read. Also, you have not informed which article the question refers to. For that reason, I cannot answer this question, but I will show you how to answer it.

From the context of your question, we can see that you need to do a dynamic reading and then a full reading of the article to which the question refers.

Dynamic reading refers to a quick visualization of the article, where only some elements of the article are visualized and some information is collected. This type of reading does not provide accurate information, but it is important to promote an understanding of the subject of the article.

The information is only collected accurately with the complete reading of the article. Generally, these readings promote information different from the information with the visualization of the dynamic reading.

Based on that, you can answer this question as follows:

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More information:

brainly.com/question/1447277

6 0
3 years ago
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