This topic contains a solution. Click here to go to the answer

Author Question: If velocity is 6 and the quantity of money is 2 trillion, what is nominal GDP? A) 12 trillion B) ... (Read 114 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
If velocity is 6 and the quantity of money is 2 trillion, what is nominal GDP?
 
  A) 12 trillion
  B) 6 trillion
  C) 3 trillion
  D) 333 billion

Question 2

Total cost is equal to the
 
  A) sum of the total fixed cost and the total variable cost.
  B) sum of the average fixed cost and the average variable cost.
  C) difference between the average variable cost and the average fixed cost.
  D) product of the marginal cost multiplied by the average total cost.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lcapri7

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

A

Answer to Question 2

A




nautica902

  • Member
  • Posts: 591
Reply 2 on: Jun 29, 2018
:D TYSM


mjenn52

  • Member
  • Posts: 351
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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.

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?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

For a complete list of videos, visit our video library