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Author Question: If the stock of money is $100 billion, velocity is 4, and the price level is 5, what is income? (Read 88 times)

go.lag

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

aliotak

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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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go.lag

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Reply #2 on: Apr 19, 2019
Thanks


aliotak

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Reply #3 on: Apr 19, 2019
Welcome :)


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