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Author Question: If the total money supply is 3 trillion, real GDP is 8 trillion and the price level is 1.5, then the ... (Read 67 times)

drink

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on: Jun 30, 2018
If the total money supply is 3 trillion, real GDP is 8 trillion and the price level is 1.5, then the equation of exchange tells us that velocity equals
 
  A) 16. B) 3. C) 0.25. D) 4.

Question 2

According to this Application, residents of Greece in 2015 ________ withdrawals of funds from their banks in order to hold ________ cash.
 
  A) decreased; less B) increased; more C) increased; less D) decreased; more


medine

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


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drink

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Reply #2 on: Jun 30, 2018
Correct answers!


medine

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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