--%>

Relationship between the price level and money supply

David Hume’s observations regarding the relationship between the price level and money supply are termed as: (w) Price Specie-Flow Mechanism. (x) Law of Comparative Advantage. (y) Law of Absolute Advantage. (z) Laissez Faire.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

   Related Questions in Public Economics

  • Q : Limitation of economic capital -

    Hey friends please give your opinion for the problem of economic capital that is given below: Illustrations of economic capital do NOT include: (w) buildings. (x) tools. (y) machinery. (z) stocks and bonds.

    Q : Economic models assumptions regarding

    Economic models based upon assumptions such that singles pursue their own self interests aspect that: (i) Generally predict better than models which assume humanitarian motives. (ii) Yield dubious outcomes for economics. (iii) Distort the economy with

  • Q : Economic growth and development I have

    I have a problem in economics on Economic growth and progress. Please help me in the following question. The Economic growth in a proficient economy will be decreased by: (i) Investment in new capital. (ii) Technological advances. (iii) Expanding the

  • Q : Explain about the term whom in

    The fundamental economic questions are "What?”, “How?”, and “For whom”? When we ask, "For whom?", we need to know who will: (w) produce the goods. (x) consume the goods. (y) get the profits. (z) decide wh

  • Q : Characteristics of Private property and

    I have a problem in economics on the Characteristics of Private property and laissez faire policies. Please help me in the following question. Private property and laissez faire policies are characteristics of: (1) Fascism. (2) Socialism. (3) Monarchy

  • Q : Punishment to criminals devoid of

    The early philosopher who argued about criminals must be punished proportionally to the harm completed to society, but without consideration of remorse, intent or motive was: (1) John Stuart Mill. (2) Edwin Chadwick. (3) Jeremy Bentham. (4) Adam Smith. (5) Aristotle.<

  • Q : With whom is Economists LEAST concerned

    Economists are LEAST related along with the: (w) gains and losses from changes in government policies. (x) adjustments people make when tax structures change. (y) causes of inflation and unemployment. (z) ethics of political campaigning.

  • Q : Explain about the capital goods Capital

    Capital goods are: (w) machines, equipment, buildings, and other enhancements to natural resources. (x) goods which indirectly contribute to human satisfaction. (y) resources which have been changed for use in the production of other goods. (z) All of

  • Q : Why scientific analysis not used to

    Scientific analysis can’t be used to test the economic assertion which: (w) all nation within the world allocates several economic resources from government agencies. (x) most transitional economies consist of experienced difficulties of falling output and incre

  • Q : Determination of opportunity cost of

    The opportunity cost of any type of decision is measured through the: (w) market price of career and education opportunities. (x) value of the worst optional choice sacrificed. (y) market price of the resources used in production. (z) value of the best optional choice