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

Author Question: If the price level is 2, real GDP is 50 billion, and the quantity of money is 4 billion, then ... (Read 85 times)

K@

  • Hero Member
  • *****
  • Posts: 608
on: Jun 29, 2018
If the price level is 2, real GDP is 50 billion, and the quantity of money is 4 billion, then velocity is
 
  A) 8. B) 4. C) 10. D) 25. E) 12.5.

Question 2

Consider the market for feather pillows. If there is an increase in the price of feather dusters, a substitute in production for feather pillows, then
 
  A) there is a downward movement along the demand curve for feather pillows.
  B) the supply curve for feather pillows shifts leftward.
  C) the price of feather pillows decreases.
  D) the demand curve for feather pillows shifts rightward.
  E) the demand curve for feather pillows shifts leftward.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

vickybb89

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 29, 2018
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


K@

  • Hero Member
  • *****
  • Posts: 608
Reply #2 on: Jun 29, 2018
Thank you


vickybb89

  • Sr. Member
  • ****
  • Posts: 347
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

dinosaurs were real dinosaurs were real
Acute Stress, Glucocorticoid Level, Synaptic Plasticity, and Learning Acute Stress, Glucocorticoid Level, Synaptic Plasticity, and Learning
Zhang Huan, To Raise the Water Level in a Fishpond. Zhang Huan, To Raise the Water Level in a Fishpond.
Sea-Level Rise Sea-Level Rise
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
Ice Age Sea Level Ice Age Sea Level
Video: Introduction to Spirometry

For a complete list of videos, visit our video library