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

Author Question: If nominal GDP is 7 trillion, and the money supply is 2 trillion, then what is the velocity of ... (Read 36 times)

itsmyluck

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
If nominal GDP is 7 trillion, and the money supply is 2 trillion, then what is the velocity of money?
 a. 14.
  b. 7.
  c. 3.5.
  d. 2.

Question 2

When people become unemployed because of a higher minimum wage, this type of unemployment is called:
 a. frictional.
  b. structural.
  c. cyclical.
  d. abnormal.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kjohnson

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


itsmyluck

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
Gracias!

mcabuhat

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Blood supply to the pituitary gland Blood supply to the pituitary gland
Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo
Blood Supply to the Lungs Blood Supply to the Lungs
Calculate the velocity of the red rock after collision Angle measured counterclockwise from the ... Calculate the velocity of the red rock after collision Angle measured counterclockwise from the ...
The original Supply and Demand graph The original Supply and Demand graph
A ship is being pulled through a harbor at constant velocity by two tugboats as shown in the ... A ship is being pulled through a harbor at constant velocity by two tugboats as shown in the ...
Video: Coaductile pathway, Timing of contraction signal & Conduction system and ECG

For a complete list of videos, visit our video library