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

Author Question: The velocity of money is 3. If nominal GDP is $1,500 billion then the stock of money is (Read 108 times)

Cooldude101

  • Hero Member
  • *****
  • Posts: 557
on: Apr 19, 2019

Question 1

If nominal GDP is $600 billion and the money supply is $200 billion, the velocity of money is


◦ 0.33.
◦ 1.2.
◦ 3.
◦ 12.

Question 2

The velocity of money is 3. If nominal GDP is $1,500 billion then the stock of money is


◦ $300 billion.
◦ $500 billion.
◦ $4,500 billion.
◦ $7,500 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 Cooldude101 on Apr 19, 2019

ryhom

  • Sr. Member
  • ****
  • Posts: 366
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 29% of students answer this correctly


Cooldude101

  • Hero Member
  • *****
  • Posts: 557
Reply #2 on: Apr 19, 2019
Thanks


ryhom

  • Sr. Member
  • ****
  • Posts: 366
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Possible Earth 5 billion years from now Possible Earth 5 billion years from now
Dependence of initial velocity on substrate concentration Dependence of initial velocity on substrate concentration
With a fortune of $66 billion, Bill Gates, a cofounder of Microsoft Corporation, is the second ... With a fortune of $66 billion, Bill Gates, a cofounder of Microsoft Corporation, is the second ...
ADHD (Stock photo) ADHD (Stock photo)
If you walk 5.0 m horizontally forward at a constant velocity carrying a 10 N object, the ... If you walk 5.0 m horizontally forward at a constant velocity carrying a 10 N object, the ...
Learn Canadian money grade 1 Learn Canadian money grade 1
Video: Erythropoietin (EPO)

For a complete list of videos, visit our video library