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Author Question: An example of money is A) a checking account balance. B) a dollar bill. C) a traveler's check. ... (Read 40 times)

audragclark

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on: Jun 30, 2018
An example of money is
 
  A) a checking account balance. B) a dollar bill.
  C) a traveler's check. D) all of the above.

Question 2

According to the equation of exchange, nominal GDP equals
 
  A) the amount of actual money balances divided by the income velocity of money.
  B) the price level divided by the income velocity of money.
  C) the amount of actual money balances times the income velocity of money.
  D) the price level times the income velocity of money.


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emsimon14

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


audragclark

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Reply #2 on: Jun 30, 2018
Thank you :)


emsimon14

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Reply #3 on: Jun 30, 2018
Happy to help you


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