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Author Question: Nominal GDP is 9.6 million dollars, real GDP is 9 million, and velocity is 1.2. The quantity of ... (Read 192 times)

Medesa

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on: Jun 29, 2018
Nominal GDP is 9.6 million dollars, real GDP is 9 million, and velocity is 1.2. The quantity of money is ________ million.
 
  A) 10.8 B) 12 C) 7.5 D) 8 E) 11.52

Question 2

If the dollar falls from 1.25 euros to 1.00 euro, then the dollar has ________ and the euro has ________.
 
  A) depreciated; depreciated
  B) depreciated; appreciated
  C) appreciated; appreciated
  D) shrunk; grown
  E) appreciated; depreciated


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1_Step_At_ATime

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Medesa

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

coreycathey

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Reply 3 on: Yesterday
Wow, this really help

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