This topic contains a solution. Click here to go to the answer

Author Question: If velocity is 6 and the quantity of money is 2 trillion, what is nominal GDP? A) 12 trillion B) ... (Read 99 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
If velocity is 6 and the quantity of money is 2 trillion, what is nominal GDP?
 
  A) 12 trillion
  B) 6 trillion
  C) 3 trillion
  D) 333 billion

Question 2

Total cost is equal to the
 
  A) sum of the total fixed cost and the total variable cost.
  B) sum of the average fixed cost and the average variable cost.
  C) difference between the average variable cost and the average fixed cost.
  D) product of the marginal cost multiplied by the average total cost.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lcapri7

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

A

Answer to Question 2

A




nautica902

  • Member
  • Posts: 591
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

For a complete list of videos, visit our video library