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Author Question: In the table above, what does the private sector surplus equal? A) 500 billion B) 350 billion ... (Read 110 times)

cmoore54

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on: Jun 29, 2018
In the table above, what does the private sector surplus equal?
 
  A) 500 billion
  B) 350 billion
  C) 150 billion
  D) 0

Question 2

If nominal GDP is 12 trillion, the price level is 120, and the quantity of money is 4 trillion, what is the velocity of circulation?
 
  A) 3
  B) 2.5
  C) 30
  D) 25


pocatato

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


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cmoore54

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Reply #2 on: Jun 29, 2018
Thank you :)


pocatato

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Reply #3 on: Jun 29, 2018
Happy to help you


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