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 102 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?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Bill Nye Quote Bill Nye Quote
Mitosis + Check Points 5 of 5 Mitosis + Check Points 5 of 5
Calcium balance. Calcium balance.
Setup used to check the opening temperature of a thermostat. Setup used to check the opening temperature of a thermostat.
Acid–Base Balance Acid–Base Balance
Renal regulation of sodium and potassium balance Renal regulation of sodium and potassium balance
Video: Interview with Person who has Schizophrenia

For a complete list of videos, visit our video library