In the table above, what does the private sector surplus equal? A) 500 billion B) 350 billion ...

Author Question: In the table above, what does the private sector surplus equal? A) 500 billion B) 350 billion ... (Read 111 times)

cmoore54

Hero Member
Posts: 568

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

Sr. Member
Posts: 333

Reply #1 on: Jun 29, 2018

Answer to Question 1

C

Answer to Question 2

A

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cmoore54

Hero Member
Posts: 568

Reply #2 on: Jun 29, 2018

Thank you

pocatato

Sr. Member
Posts: 333

Reply #3 on: Jun 29, 2018

Happy to help you

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