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

Author Question: If income is $40 billion, the price level is 10, and the stock of money is $20 billion, what is the ... (Read 148 times)

piesebel

  • Hero Member
  • *****
  • Posts: 565
on: Apr 19, 2019

Question 1

If the stock of money is $150 billion, velocity is 4, and the price level is 3, what is real output?


◦ $37.5 billion
◦ $112.5 billion
◦ $200 billion
◦ $1,800 billion

Question 2

If income is $40 billion, the price level is 10, and the stock of money is $20 billion, what is the velocity of money?


◦ 0.8
◦ 5
◦ 8
◦ 20
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by piesebel on Apr 19, 2019

bobsmith

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


piesebel

  • Hero Member
  • *****
  • Posts: 565
Reply #2 on: Apr 19, 2019
Thanks


bobsmith

  • Sr. Member
  • ****
  • Posts: 316
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

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

Sea Level during the Last Glaciation Sea Level during the Last Glaciation
A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan
Stand in a doorway and hook your fingertips on both sides about chest level or lower. Stand in a doorway and hook your fingertips on both sides about chest level or lower.
Impacts of rising sea level Impacts of rising sea level
The level of emissions from transport in the United States is twice as high as the global average The level of emissions from transport in the United States is twice as high as the global average
Relationship between Income Inequality and Sociopolitical Instability Relationship between Income Inequality and Sociopolitical Instability
Video: Alternative Energy Sources

For a complete list of videos, visit our video library