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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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telo118 [61]

Since the question talks of a lion and an antelope in Rousseau's painting, it is safe to assume it is regarding the painting "The Hungry Lion Throws Itself on the Antelope".

Answer and Explanation:

Richard Connell's short story "The Most Dangerous Game" and Rousseau's painting "The Hungry Lion Throws Itself on the Antelope"<u> both concern the conflict between a hunter and a prey. However, there is an interesting distinction between them. The painting shows an animal hunting another animal. The lion, as a carnivore, is supposed to hunt to feed itself and its cubs. The antelope, as a herbivore, is below the lion in the food chain and is supposed to serve as food for the predator. Therefore, there is no other way for things to go, no other way for them to function. The lion will never become a herbivore, for instance. However, in Connell's story, what we have is an abomination. Man hunting man, solely for fun.</u> The following dialog between Rainsford and Zaroff is evidence of that:

<em>"But they are men," said Rainsford hotly. </em>

<em>"Precisely," said the general. "That is why I use them. It gives me pleasure. They can reason, after a fashion. So they are dangerous."</em>

<u>In the plot, general Zaroff is a hunter who has grown tired of killing beasts. Irrational animals no longer represent a challenge. He wants to feel some sort of thrill during the hunt, which is why he has started to hunt other men. </u>They can reason; they can think of traps; they represent a challenge.<u> If we were to compare this character to the painting, he would most likely be the lion. He is the ultimate hunter, the most skillful and analytical predator, who does not see his activity as murder, but as a mere link in the chain of life.</u>

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<em>"Even so, I rather think they understand one thing--fear. The fear of pain and the fear of death." </em>

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<u>The painting also shows a couple of other animals watching as the lion attacks the antelope. In regards to the story, the other animals may be the other men who were trapped in Zaroff's island. Instead of being hunted themselves, they were spared. The lion was too focused on the antelope - Zaroff was busy hunting Rainsford -, which allowed them to breathe and rest, knowing they would not be the ones running for their lives.</u>

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The one of us is lying is a mystery/thrill novel written by Karen M. McManus. It is a story of some teenagers who has the charge of killing a girl. They all wanted to save them and their secrets.

Thus, novel is 'One of us is lying'. The author choose to end the novel with  Nate and Bronwyn because they were the integral part of the story. The central idea it connects to is marginalization in a broader social group.

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