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

Author Question: If income is $20 billion, the price level is 5, and the stock of money is $10 billion, what is the ... (Read 79 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
on: Apr 19, 2019

Question 1

If the stock of money is $250 billion, velocity is 5, and the price level is 10, what is real output?


◦ $5 billion
◦ $125 billion
◦ $500 billion
◦ $12,500 billion

Question 2

If income is $20 billion, the price level is 5, and the stock of money is $10 billion, what is the income velocity of money?


◦ 0.4
◦ 2.5
◦ 4
◦ 10
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 Anajune7 on Apr 19, 2019

mirabriestensky

  • Sr. Member
  • ****
  • Posts: 325
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


Anajune7

  • Member
  • Posts: 574
Reply 2 on: Apr 19, 2019
Excellent

LegendaryAnswers

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

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

Did you know?

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

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Variation in the level of multicellularity among volvocine algae Variation in the level of multicellularity among volvocine algae
Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ... Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ...
Upper-Level Maps Upper-Level Maps
Students and Money Students and Money
Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ... Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ...
The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ... The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ...
Video: Nervous pathway to the Neuromuscular (NMJ)

For a complete list of videos, visit our video library