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

Author Question: If real output is $20 billion, the price level is 4, and velocity is 2, what is the stock of money? (Read 80 times)

ashley

  • Hero Member
  • *****
  • Posts: 584
on: Apr 19, 2019

Question 1

If the stock of money is $50 billion, velocity is 4, and real output is $25 billion, what is the price level?


◦ 0.5
◦ 2
◦ 4
◦ 8

Question 2

If real output is $20 billion, the price level is 4, and velocity is 2, what is the stock of money?


◦ $2.5 billion
◦ $10 billion
◦ $40 billion
◦ $160 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 ashley on Apr 19, 2019

jomama

  • Sr. Member
  • ****
  • Posts: 346
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


ashley

  • Hero Member
  • *****
  • Posts: 584
Reply #2 on: Apr 19, 2019
Thank you!


jomama

  • Sr. Member
  • ****
  • Posts: 346
Reply #3 on: Apr 19, 2019
Always glad to help...


« previous next »
 

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

How the study of genomes and proteomes can provide us with connections to different biological level How the study of genomes and proteomes can provide us with connections to different biological level
The structure of skin (a) and epidermis (b) at the microscopic level. The structure of skin (a) and epidermis (b) at the microscopic level.
This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
Changes in the Level of Education, 1975-2010 Changes in the Level of Education, 1975-2010
Ice Age Sea Level Ice Age Sea Level
World Mean Sea-Level Temperatures in January World Mean Sea-Level Temperatures in January
Video: What Are Carbohydrates? Importance of Carbs & High Carb Food

For a complete list of videos, visit our video library