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

Author Question: If income is $40 billion, the price level is 10, and the stock of money is $20 billion, what is the ... (Read 196 times)

piesebel

  • Hero Member
  • *****
  • Posts: 565
on: Apr 19, 2019

Question 1

If the stock of money is $150 billion, velocity is 4, and the price level is 3, what is real output?


◦ $37.5 billion
◦ $112.5 billion
◦ $200 billion
◦ $1,800 billion

Question 2

If income is $40 billion, the price level is 10, and the stock of money is $20 billion, what is the velocity of money?


◦ 0.8
◦ 5
◦ 8
◦ 20
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 piesebel on Apr 19, 2019

bobsmith

  • Sr. Member
  • ****
  • Posts: 316
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


piesebel

  • Hero Member
  • *****
  • Posts: 565
Reply #2 on: Apr 19, 2019
Thanks


bobsmith

  • Sr. Member
  • ****
  • Posts: 316
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

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
Women who are 65 and older have a lower median income from all sources than men in the same age ... Women who are 65 and older have a lower median income from all sources than men in the same age ...
The Nile Delta will be strongly affected by a rise in sea level of 50 cm The Nile Delta will be strongly affected by a rise in sea level of 50 cm
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
What level of barometric pressure effects body? What level of barometric pressure effects body?
Learn Canadian money grade 1 Learn Canadian money grade 1
Video: Multiple Sclerosis Animation

For a complete list of videos, visit our video library