This topic contains a solution. Click here to go to the answer

Author Question: An economy's potential level of output can be altered by changes in: a. the actual price level. b. ... (Read 107 times)

littleanan

  • Hero Member
  • *****
  • Posts: 575
An economy's potential level of output can be altered by changes in:
 a. the actual price level.
 b. the expected price level.
  c. aggregate demand.
 d. real GDP.
 e. its stock of capital.

Question 2

The velocity of money in circulation measures:
 a. the average length of time that people hold wealth.
 b. how fast aggregate spending will increase for a given decline in money demand.
  c. how fast inflation will rise for a given increase in the money supply.
 d. how quickly money changes hands.
 e. how quickly banks can create money.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

durant1234

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

e

Answer to Question 2

d




littleanan

  • Member
  • Posts: 575
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Excellent

 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

For a complete list of videos, visit our video library