« previous next »

Author Question: The velocity of circulation of money is the ratio of the real gross domestic product to the money ... (Read 145 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?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Normal portal circulation. Normal portal circulation.
Ripped Money Ripped Money
Constant velocity versus positive velocity Constant velocity versus positive velocity
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Fetal Circulation Fetal Circulation
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: Wound Cultures

For a complete list of videos, visit our video library