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Money Growth and Inflation

Money Growth and Inflation - Quiz Mankiw 4th Edition...

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Unformatted text preview: 4/2/12 Quiz: Mankiw, 4th Edition, Interactive Quiz, Money Growth and Inflation Web Quiz Assignment Name: Mankiw, 4th Edition, Interactive Quiz, Money Growth and Inflation Summary of Results l Total Possible: 10.0 Time Spent: 00:00:21 correct incorrect 3.00 7.00 30.00% 70.00% To email the results to your instructor(s), complete this form: E-mail results to: Additional message: Your first name: Your last name: Your email address: Required field When there is inflation: a a. prices decrease in the economy. 0 b. the value ofmoneydecreases in the economy. 0 c. the value ofthe dollar rises on foreign exchange markets. 0 d. basic necessities become cheaper. status: incorrect (0.0) correct: b your answer: a feedback: Incorrect. 'Money Demand' is the: ® a. amounts ofmoney people are willing to buyatdifferent price levels. 0 b. amount ofdollars foreigners are willing to buywith theirforeign currency. 0 c. amounts ofmoney people are willing to hold atdifferent price levels. webquiz.ilrn.com/i|rn/bca/user/quiz—public/run;jsessionid=C81AFC5382F73B41D703DAB381941D5D?m... 1/4 ...
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