« previous next »

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 103 times)

drink

  • Hero Member
  • *****
  • Posts: 554
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

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

drink

  • Hero Member
  • *****
  • Posts: 554
Reply #2 on: Jun 30, 2018
Correct answers!


medine

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Nuclear division at the DNA level Nuclear division at the DNA level
Phrases that Decrease Customer Service Level Phrases that Decrease Customer Service Level
Rising sea level threatens coastal communities around the world Rising sea level threatens coastal communities around the world
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Video: Interspecific Competition Relationship - Competitive & Niche Differentiation

For a complete list of videos, visit our video library