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

Author Question: If income is $20 billion, the price level is 5, and the stock of money is $10 billion, what is the ... (Read 66 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
on: Apr 19, 2019

Question 1

If the stock of money is $250 billion, velocity is 5, and the price level is 10, what is real output?


◦ $5 billion
◦ $125 billion
◦ $500 billion
◦ $12,500 billion

Question 2

If income is $20 billion, the price level is 5, and the stock of money is $10 billion, what is the income velocity of money?


◦ 0.4
◦ 2.5
◦ 4
◦ 10
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 Anajune7 on Apr 19, 2019

mirabriestensky

  • Sr. Member
  • ****
  • Posts: 325
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


Anajune7

  • Member
  • Posts: 574
Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

upturnedfurball

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Single-gene inheritance tracked at the DNA level Single-gene inheritance tracked at the DNA level
Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
The level of emissions from transport in the United States is twice as high as the global average The level of emissions from transport in the United States is twice as high as the global average
Solow Model with Saving Dependent on Income Level Solow Model with Saving Dependent on Income Level
Variable and absorption costing, explaining operating-income differences. Variable and absorption costing, explaining operating-income differences.
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
Video: Hormonal regulation of blood pressure - RAA system

For a complete list of videos, visit our video library