This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: According to the equation of exchange, if the quantity of money is 4 billion and the velocity of ... (Read 152 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
on: Jun 29, 2018
According to the equation of exchange, if the quantity of money is 4 billion and the velocity of circulation is 3, nominal GDP is
 
  A) 0.75 billion. B) 7 billion. C) 1.3 billion. D) 8 billion. E) 12 billion.

Question 2

When the AE line lies above the 45 line,
 
  A) real GDP exceeds aggregate planned expenditure.
  B) there are unplanned increases in inventories.
  C) aggregate planned expenditure is less than real GDP.
  D) the price level is rising.
  E) there are unplanned decreases in inventories.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Qarqy

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

E


haleyc112

  • Member
  • Posts: 600
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Lenticels Allow Gas Exchange through the Periderm Lenticels Allow Gas Exchange through the Periderm
Columbian Exchange Columbian Exchange
Write the equation in general form of the line passing through the point Write the equation in general form of the line passing through the point
The RecA strand exchange reaction as shown from single-molecule studies The RecA strand exchange reaction as shown from single-molecule studies
A 500-kg cannon fires a 4.0-kg projectile with a velocity of 500 m/s relative to the ground. ... A 500-kg cannon fires a 4.0-kg projectile with a velocity of 500 m/s relative to the ground. ...
If y = 0.02 sin (30x - 400t) (SI units), the velocity of the wave is If y = 0.02 sin (30x - 400t) (SI units), the velocity of the wave is
Video: Insulin (glucose uptake by body cells), glycogenesis and lipogenesis

For a complete list of videos, visit our video library