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

Author Question: If velocity is growing by 2 percent per year and real output is growing 6 percent per year, ... (Read 91 times)

nramada

  • Hero Member
  • *****
  • Posts: 580
on: Jun 30, 2018
If velocity is growing by 2 percent per year and real output is growing 6 percent per year, according to the equation of exchange, in order to maintain stable prices, the money supply would have to:
 a. grow by 3 percent.
 b. grow by 4 percent.
 c. grow by 8 percent.
 d. grow by 12 percent.

Question 2

Producer surplus from a unit of output is the difference between the market price and the seller's cost of producing that unit.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

xiaomengxian

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

True


nramada

  • Member
  • Posts: 580
Reply 2 on: Jun 30, 2018
Gracias!

Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

20,000 year old Arctic ground squirrel mummy 20,000 year old Arctic ground squirrel mummy
Harlem’s Promise Academy has a record of graduating and sending to college more than 90 percent ... Harlem’s Promise Academy has a record of graduating and sending to college more than 90 percent ...
How to convert fractions to decimals to percent How to convert fractions to decimals to percent
Overfished per year Overfished per year
Velocity of Blood Flow Velocity of Blood Flow
One year ago, Christos bought 1000 units of the Dominion Aggressive Growth Fund at $20.35 per ... One year ago, Christos bought 1000 units of the Dominion Aggressive Growth Fund at $20.35 per ...
Video: Gas exchange - driving force

For a complete list of videos, visit our video library