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Please answer both questions quickly 1. If a bank gives you a small business loan, the loan is A. an asset to both you and

Please answer both questions quickly

1. If a bank gives you a small business loan, the loan is

A. an asset to both you and the bank.

B. an asset to you, but liability to the bank.

C.a liability to both you and the bank.

D.a liability to you, but liability to the bank.

2.If nominal GPD decreases, then which of the following must also decrease

a) the quantity of money

b) the velocity of money

c) with the quantity of money or the velocity of money

d) both the quantity of money and the velocity of money

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