INSTRUCTIONS: Choose the Word or Phrase in [ ] That

question 95

Short Answer

INSTRUCTIONS: Choose the word or phrase in [ ] that will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
Investments with high current income typically have [ high | low ] potential capital appreciation.

---

Definitions:

Classical Quantity Theory

An economic theory suggesting that the amount of money in circulation directly impacts price levels and inflation rates.

Money

A medium of exchange that facilitates transactions, acting as a unit of account, a store of value, and sometimes, a standard of deferred payment.

Stock of Money

The total quantity of money available in the economy at a particular time, including cash and deposits.

Price Level

A measure of prices in a given month or year in relation to prices in a base year.