This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the stock of money is $100 billion, velocity is 4, and the price level is 5, what is income? (Read 76 times)

go.lag

  • Hero Member
  • *****
  • Posts: 667
on: Apr 19, 2019

Question 1

If real output is $10 billion, the price level is 3, and velocity is 6, what is the stock of money?


◦ $1.8 billion
◦ $5 billion
◦ $19 billion
◦ $180 billion

Question 2

If the stock of money is $100 billion, velocity is 4, and the price level is 5, what is income?


◦ $5 billion
◦ $80 billion
◦ $125 billion
◦ $2,000 billion
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by go.lag on Apr 19, 2019

aliotak

  • Sr. Member
  • ****
  • Posts: 326
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.
Answer Preview
Only 56% of students answer this correctly


go.lag

  • Hero Member
  • *****
  • Posts: 667
Reply #2 on: Apr 19, 2019
Thanks


aliotak

  • Sr. Member
  • ****
  • Posts: 326
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

The average adult has about 21 square feet of skin.

Astronomers identified 12-billion-year-old white dwarf stars only 100 light years away from Earth Astronomers identified 12-billion-year-old white dwarf stars only 100 light years away from Earth
The fuel level must be above 15% and below 85% before the EVAP monitor will run on most vehicles. The fuel level must be above 15% and below 85% before the EVAP monitor will run on most vehicles.
Regional Variation in Income and Access to the Sea Regional Variation in Income and Access to the Sea
World Mean Sea-Level Temperatures in January World Mean Sea-Level Temperatures in January
Lone-parent household income and the degree of vulnerability Lone-parent household income and the degree of vulnerability
Chiropractor (stock image) Chiropractor (stock image)
Video: Carpal Tunnel Syndrome

For a complete list of videos, visit our video library