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

Author Question: An example of money is A) a checking account balance. B) a dollar bill. C) a traveler's check. ... (Read 48 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
An example of money is
 
  A) a checking account balance. B) a dollar bill.
  C) a traveler's check. D) all of the above.

Question 2

According to the equation of exchange, nominal GDP equals
 
  A) the amount of actual money balances divided by the income velocity of money.
  B) the price level divided by the income velocity of money.
  C) the amount of actual money balances times the income velocity of money.
  D) the price level times the income velocity of money.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

emsimon14

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

D

Answer to Question 2

C


audragclark

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: Jun 30, 2018
Thank you :)


emsimon14

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

An example of sodium balance achieved by the coordinated actions of three hormones. An example of sodium balance achieved by the coordinated actions of three hormones.
Bill Nye Quote Bill Nye Quote
Bill Viola, The Reflecting Pool. Bill Viola, The Reflecting Pool.
Acid–Base Balance Acid–Base Balance
Acid–Base Balance Acid–Base Balance
If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ... If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ...
Video: Bond types - Atomic structure and basis of bonds

For a complete list of videos, visit our video library