Author Question: In the table above, what does the private sector surplus equal? A) 500 billion B) 350 billion ... (Read 133 times)

cmoore54

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In the table above, what does the private sector surplus equal?
 
  A) 500 billion
  B) 350 billion
  C) 150 billion
  D) 0

Question 2

If nominal GDP is 12 trillion, the price level is 120, and the quantity of money is 4 trillion, what is the velocity of circulation?
 
  A) 3
  B) 2.5
  C) 30
  D) 25



pocatato

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Answer to Question 1

C

Answer to Question 2

A



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