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Author Question: If the velocity of the M1 money supply is 4 and nominal GDP is 200 billion, the stock of money in ... (Read 151 times)

SAVANNAHHOOPER23

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  • Posts: 542
on: Jun 30, 2018
If the velocity of the M1 money supply is 4 and nominal GDP is 200 billion, the stock of money in circulation must be:
 a. 25 billion.
  b. 50 billion.
  c. 100 billion.
  d. 800 billion.

Question 2

Workers who may be between jobs are considered:
 a. frictionally unemployed.
  b. structurally unemployed.
  c. cyclically unemployed.
  d. unemployable.
  e. discouraged workers.


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trampas

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


SAVANNAHHOOPER23

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  • Posts: 542
Reply 2 on: Jun 30, 2018
:D TYSM

Jossy

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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