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

Author Question: If nominal GDP is 7 trillion, and the money supply is 2 trillion, then what is the velocity of ... (Read 35 times)

itsmyluck

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
If nominal GDP is 7 trillion, and the money supply is 2 trillion, then what is the velocity of money?
 a. 14.
  b. 7.
  c. 3.5.
  d. 2.

Question 2

When people become unemployed because of a higher minimum wage, this type of unemployment is called:
 a. frictional.
  b. structural.
  c. cyclical.
  d. abnormal.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kjohnson

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


itsmyluck

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
Gracias!

rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Constant velocity versus positive velocity Constant velocity versus positive velocity
Who Oversees the Food Supply? Who Oversees the Food Supply?
A ship is being pulled through a harbor at constant velocity by two tugboats as shown in the ... A ship is being pulled through a harbor at constant velocity by two tugboats as shown in the ...
What mass, in grams, of a 5.00% by mass sugar water solution is needed to supply What mass, in grams, of a 5.00% by mass sugar water solution is needed to supply
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
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: Hormonal regulation of pregnancy - weeks 2 through 38

For a complete list of videos, visit our video library