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Author Question: If real output is $25 billion, the price level is 5, and velocity is 5, what is the stock of money? (Read 87 times)

CBme

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on: Apr 19, 2019

Question 1

If the stock of money is $40 billion, velocity is 3, and real output is $60 billion, what is the price level?


◦ 0.5
◦ 2
◦ 2.5
◦ 4

Question 2

If real output is $25 billion, the price level is 5, and velocity is 5, what is the stock of money?


◦ $1 billion
◦ $10 billion
◦ $25 billion
◦ $625 billion
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by CBme on Apr 19, 2019

Perkypinki

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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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CBme

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Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

scottmt

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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