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

Author Question: If velocity is 6 and the quantity of money is 2 trillion, what is nominal GDP? A) 12 trillion B) ... (Read 112 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
on: Jun 29, 2018
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
Reply #1 on: Jun 29, 2018
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

bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Testing Infant’s Understanding of Quantity Testing Infant’s Understanding of Quantity
Many electronic components are used to construct a typical vehicle computer. Notice the quantity of ... Many electronic components are used to construct a typical vehicle computer. Notice the quantity of ...
Students and Money Students and Money
If a meteor (148 kg) is moving with a velocity of 112 m/s , and breaks into two parts, where ... If a meteor (148 kg) is moving with a velocity of 112 m/s , and breaks into two parts, where ...
Grade 1 learn Canadian money Grade 1 learn Canadian money
Learn Canadian money grade 1 Learn Canadian money grade 1
Video: Optic Nerve and Optic Disk Animation (Part 2 of 2)

For a complete list of videos, visit our video library