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Author Question: If income is $20 billion, the price level is 5, and the stock of money is $10 billion, what is the ... (Read 81 times)

Anajune7

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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
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Marked as best answer by Anajune7 on Apr 19, 2019

mirabriestensky

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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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Anajune7

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

matt95

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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