« previous next »

Author Question: The velocity of circulation of money is the ratio of the real gross domestic product to the money ... (Read 80 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
The velocity of circulation of money is the ratio of the real gross domestic product to the money supply.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Assume there is a price ceiling imposed on a good which is below the equilibrium price. Which of the following changes would reduce the size of the shortage?
 a. an increase in demand
  b. a decrease in demand
  c. a decrease in supply
 d. a lower price ceiling


lcapri7

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Deast7027

  • Hero Member
  • *****
  • Posts: 538
Reply #2 on: Jun 30, 2018
Thank you :)


lcapri7

  • Sr. Member
  • ****
  • Posts: 350
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Oceanic circulation, which is driven mainly by the prevailing winds, moderates earth's climate. Oceanic circulation, which is driven mainly by the prevailing winds, moderates earth's climate.
Normal portal circulation. Normal portal circulation.
How to use the discriminant to determine the value of k in a quadratic with one real root How to use the discriminant to determine the value of k in a quadratic with one real root
Temperature gradient generates a global pattern of circulation Temperature gradient generates a global pattern of circulation
Find angles (in radians) from trigonometric ratio Find angles (in radians) from trigonometric ratio
Let f be a real function with domain R. Suppose that for each ǫ > 0, there is a continuous ... Let f be a real function with domain R. Suppose that for each ǫ > 0, there is a continuous ...
Video: Definitions of stroke volume, preload definition & Factors influencing stroke volume

For a complete list of videos, visit our video library