The Quantity Theory of Money Seems to Be Most Consistent

question 82

Multiple Choice

The quantity theory of money seems to be most consistent when growth in the money supply is _____ and the time period is _____.

• A) small; long
• B) small; short
• C) large; long
• D) large; short

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Definitions:

Learning

The process of acquiring through experience new and relatively enduring information or behaviors.

Retrieval

The process of getting information out of memory storage.

Memory

The persistence of learning over time through the encoding, storage, and retrieval of information.

Echoic Memory

A momentary sensory memory of auditory stimuli; if attention is elsewhere, sounds and words can still be recalled within 3 or 4 seconds.