« previous next »

Author Question: If the amount of money in circulation is 50 million and nominal GDP is 150 million, then the ... (Read 186 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
If the amount of money in circulation is 50 million and nominal GDP is 150 million, then the velocity of money is:
 a. 0.33.
 b. 2.
 c. 3.
 d. impossible to determine from the information provided.

Question 2

Per capita real GDP does not give us information about the distribution of income in a country or about the nonmonetary quality of life.
 a. True
  b. False
  Indicate whether the statement is true or false


amit

  • Sr. Member
  • ****
  • Posts: 364
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
Reply #2 on: Jun 30, 2018
Thank you :)


amit

  • Sr. Member
  • ****
  • Posts: 364
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Volvulus. A length of small intestine has twisted around itself, cutting off blood circulation to th Volvulus. A length of small intestine has twisted around itself, cutting off blood circulation to th
Water amount needed to grow crops Water amount needed to grow crops
Light beer has about the same amount of alcohol as regular beer Light beer has about the same amount of alcohol as regular beer
Fetal circulation Fetal circulation
Preload is related to the amount of blood and stretching of the ventricular myocardial fibers Preload is related to the amount of blood and stretching of the ventricular myocardial fibers
Heart Valves and Circulation of Blood Heart Valves and Circulation of Blood
Video: Anatomy and Chemical Makeup of a Single Hair (Animation)

For a complete list of videos, visit our video library