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Author Question: Suppose nominal GDP is 2,000 a year and the quantity of money is 400. Then the velocity of ... (Read 9 times)

fasfsadfdsfa

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on: Jun 29, 2018
Suppose nominal GDP is 2,000 a year and the quantity of money is 400. Then the velocity of circulation equals
 
  A) 10. B) 1/5. C) 2. D) 8. E) 5.

Question 2

If the exchange rate changes from 1.00 euro per dollar to 1.10 euros per dollar, the euro has
 
  A) depreciated against the euro.
  B) appreciated against the euro.
  C) fallen inversely in value.
  D) appreciated against the dollar.
  E) depreciated against the dollar.


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KKcool

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

E

Answer to Question 2

E


fasfsadfdsfa

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Reply 2 on: Jun 29, 2018
Gracias!

sultana.d

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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