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Author Question: Velocity of money is the ratio of ________. A) real GDP to money demand B) money supply to money ... (Read 459 times)

hubes95

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Velocity of money is the ratio of ________.
 
  A) real GDP to money demand B) money supply to money demand
  C) nominal GDP to money supply D) nominal GDP to money demand

Question 2

When the government converted the highway from 4 lanes into 6 lanes, they claimed the capacity had increased by 50 percent.
 
  When the government switched the highway back from 6 lanes to 4 lanes, they claimed the capacity had been decreased by 33 percent. Had the government used the midpoint method, the percentage increase would have been ________ percent and the percentage decrease would have been ________ percent.
  A) 50; 50 B) 33; 33 C) 33; 50 D) 40; 40



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coyin

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Answer to Question 1

C

Answer to Question 2

D




hubes95

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Reply 2 on: Jun 30, 2018
Excellent


bulacsom

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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