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 101 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
Wow, this really help

Laurenleakan

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

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.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

The four ways in which animals exchange heat with the environment are radiation, evaporation, convec The four ways in which animals exchange heat with the environment are radiation, evaporation, convec
Overview of gas exchange between the environment, blood, and cells. Overview of gas exchange between the environment, blood, and cells.
Mass Exchange Between Close Binary Stars Mass Exchange Between Close Binary Stars
How to create a sine equation when the curve is given How to create a sine equation when the curve is given
How to determine the x- and y- intercepts of a linear equation How to determine the x- and y- intercepts of a linear equation
A particle (q = -4.0 mC, m = 5.0 mg) moves in a uniform magnetic field with a velocity having a ... A particle (q = -4.0 mC, m = 5.0 mg) moves in a uniform magnetic field with a velocity having a ...
Video: Genetic distance between human groups

For a complete list of videos, visit our video library