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

Author Question: An example of money is A) a checking account balance. B) a dollar bill. C) a traveler's check. ... (Read 74 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
An example of money is
 
  A) a checking account balance. B) a dollar bill.
  C) a traveler's check. D) all of the above.

Question 2

According to the equation of exchange, nominal GDP equals
 
  A) the amount of actual money balances divided by the income velocity of money.
  B) the price level divided by the income velocity of money.
  C) the amount of actual money balances times the income velocity of money.
  D) the price level times the income velocity of money.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

emsimon14

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


audragclark

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: Jun 30, 2018
Thank you :)


emsimon14

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

A seemingly anonymous well-wisher from the crowd greets President Bill Clinton. When Clinton was ... A seemingly anonymous well-wisher from the crowd greets President Bill Clinton. When Clinton was ...
Labeled parts of a check. Labeled parts of a check.
Checking the terminating resistors using an ohmmeter at the DLC. Checking the terminating resistors using an ohmmeter at the DLC.
Normal (A) and Abnormal (B) Balance between Dopamine and Acetylcholine Normal (A) and Abnormal (B) Balance between Dopamine and Acetylcholine
Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ... Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ...
Determine m​, ​n, and i for money invested at 3.6​% compounded semi-annually for 3.5 ... Determine m​, ​n, and i for money invested at 3.6​% compounded semi-annually for 3.5 ...
Video: Hydrogen bonds - role in the body

For a complete list of videos, visit our video library