Nominal GDP is 9.6 million dollars, real GDP is 9 million, and ...

[Medesa]

Nominal GDP is 9.6 million dollars, real GDP is 9 million, and velocity is 1.2. The quantity of money is ________ million.
 
  A) 10.8 B) 12 C) 7.5 D) 8 E) 11.52

Question 2

If the dollar falls from 1.25 euros to 1.00 euro, then the dollar has ________ and the euro has ________.
 
  A) depreciated; depreciated
  B) depreciated; appreciated
  C) appreciated; appreciated
  D) shrunk; grown
  E) appreciated; depreciated

[1_Step_At_ATime]

Answer to Question 1

D

Answer to Question 2

B

[Medesa]

Wow, this really help

[mohan]

Thanks for the timely response, appreciate it