The table below shows data for Brazil. Assuming the velocity of circulation did not change,
A) the growth rate of money increased between 2006 and 2007.
B) the money growth rate was -0.4 percent in 2006.
C) the growth rate of nominal GDP was 1.7 percent in 2006.
D) the demand for money curve shifted leftward in 2006.

Question

The table below shows data for Brazil.  Assuming the velocity of circulation did not change,
A) the growth rate of money increased between 2006 and 2007. 
B) the money growth rate was -0.4 percent in 2006. 
C) the growth rate of nominal GDP was 1.7 percent in 2006. 
D) the demand for money curve shifted leftward in 2006.

Quizplus · Accepted Answer

The Answer of The table below shows data for Brazil.  Assuming the velocity of circulation did not change,
A) the growth rate of money increased between 2006 and 2007. 
B) the money growth rate was -0.4 percent in 2006. 
C) the growth rate of nominal GDP was 1.7 percent in 2006. 
D) the demand for money curve shifted leftward in 2006.

The Table Below Shows Data for Brazil