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.
A mango tree is mentioned so I would say a mango
Depends on how you look at it but for a simple answer, true
Answer:
"The Yukon lay a mile wide and hidden under three feet of ice."
Explanation:
The lines "The Yukon lay a mile wide and hidden under three feet of ice." gives the reader information about the location of the story. This is because the other lines discuss only about how the place looks like.
The narrator mentions the location as Yukon which is about a mile wide and hidden under three feet of pure white ice. He further explains Yukon as a cold and strange place which was hundreds of miles away from other places.