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 114 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?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Earth’s history spans 4.5 billion years. Geologists and paleontologists have pieced together the his Earth’s history spans 4.5 billion years. Geologists and paleontologists have pieced together the his
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 ...
Students and Money Students and Money
The DNA from one chromosome has a mass of ~20 billion Daltons The DNA from one chromosome has a mass of ~20 billion Daltons
A 500-kg cannon fires a 4.0-kg projectile with a velocity of 500 m/s relative to A 500-kg cannon fires a 4.0-kg projectile with a velocity of 500 m/s relative to
Time value money Time value money
Video: Hemoglobin's affinity with oxygen - carbon dioxide, temperature and bisphosphoglycerate (BPG)

For a complete list of videos, visit our video library