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Author Question: In order to determine the velocity of money, we need to know: a. the money supply and the price ... (Read 131 times)

bcretired

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on: Jun 30, 2018
In order to determine the velocity of money, we need to know:
 a. the money supply and the price level.
  b. nominal GDP and real GDP.
 c. the money supply and nominal GDP.
  d. the interest rate and nominal GDP.

Question 2

Other things equal, if the labor input grows faster than total output, total factor productivity falls.
 a. True
  b. False
  Indicate whether the statement is true or false


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frre432

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

c

Answer to Question 2

True


bcretired

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

peter

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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