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

Author Question: If the stock of money is $100 billion, velocity is 4, and the price level is 5, what is income? (Read 40 times)

go.lag

  • Hero Member
  • *****
  • Posts: 667
on: Apr 19, 2019

Question 1

If real output is $10 billion, the price level is 3, and velocity is 6, what is the stock of money?


◦ $1.8 billion
◦ $5 billion
◦ $19 billion
◦ $180 billion

Question 2

If the stock of money is $100 billion, velocity is 4, and the price level is 5, what is income?


◦ $5 billion
◦ $80 billion
◦ $125 billion
◦ $2,000 billion
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by go.lag on Apr 19, 2019

aliotak

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


go.lag

  • Hero Member
  • *****
  • Posts: 667
Reply #2 on: Apr 19, 2019
Thanks


aliotak

  • Sr. Member
  • ****
  • Posts: 326
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

How much the temperature will rise depends on many factors that affect the level of GHG emission How much the temperature will rise depends on many factors that affect the level of GHG emission
Kyoto Protocol encourages industry to innovate and reduce the level of emissions Kyoto Protocol encourages industry to innovate and reduce the level of emissions
Income Inequality in the United States: 1947–2009 Income Inequality in the United States: 1947–2009
Share of Hours Worked by Education Level, 1940–2008 Share of Hours Worked by Education Level, 1940–2008
Keeping your feelings to yourself may increase your stress level Keeping your feelings to yourself may increase your stress level
Construct a Lorenz curve that shows income distribution in this society. Construct a Lorenz curve that shows income distribution in this society.
Video: Summary of female reproductive cycle days 1-28

For a complete list of videos, visit our video library