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

Author Question: If nominal GDP equals 10 trillion and the velocity of circulation is 5, then A) real GDP is 2 ... (Read 158 times)

asmith134

  • Hero Member
  • *****
  • Posts: 576
on: Jun 29, 2018
If nominal GDP equals 10 trillion and the velocity of circulation is 5, then
 
  A) real GDP is 2 trillion.
  B) the quantity of money is 50 trillion.
  C) the quantity of money is 2 trillion.
  D) the real value of the quantity of money is 10 trillion.

Question 2

If a firm finds that, at its current level of employment, VMP < W, then it has
 
  A) reached maximum profits.
  B) reached minimum profits.
  C) not hired enough labor to maximize its profit.
  D) hired too much labor to maximize its profit.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

BUTTHOL369

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 29, 2018
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


asmith134

  • Member
  • Posts: 576
Reply 2 on: Jun 29, 2018
Gracias!

triiciiaa

  • Member
  • Posts: 349
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Major arteries of the systemic circulation. Major arteries of the systemic circulation.
portal circulation portal circulation
Systemic and pulmonary circulation. Systemic and pulmonary circulation.
Are reality shows “real”? Does the media tell the “truth”? Are reality shows “real”? Does the media tell the “truth”?
Systemic Circulation Systemic Circulation
A 500-kg cannon fires a 4.0-kg projectile with a velocity of 500 m/s relative to A 500-kg cannon fires a 4.0-kg projectile with a velocity of 500 m/s relative to
Video: The Nerve Impulse

For a complete list of videos, visit our video library