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Author Question: The velocity of money is 4. If nominal GDP is $1,200 billion then the stock of money (Read 62 times)

Haya94

  • Hero Member
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on: Apr 19, 2019

Question 1

If nominal GDP is $400 billion and the money supply is $50 billion, the velocity of money is


◦ 0.125.
◦ 8.
◦ 12.
◦ 20.

Question 2

The velocity of money is 4. If nominal GDP is $1,200 billion then the stock of money


◦ is $300 billion.
◦ is $400 billion.
◦ is $500 billion.
◦ is $4,800 billion.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Haya94 on Apr 19, 2019

wshriver

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Haya94

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

Dominic

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Reply 3 on: Yesterday
:D TYSM

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