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

Author Question: If the stock of money is $200 billion, velocity is 5, and the price level is 5, what is income? (Read 46 times)

daltonest1984

  • Hero Member
  • *****
  • Posts: 536
on: Apr 19, 2019

Question 1

If real output is $50 billion, the price level is 10, and velocity is 5, what is the stock of money?


◦ $1 billion
◦ $25 billion
◦ $100 billion
◦ $2,500 billion

Question 2

If the stock of money is $200 billion, velocity is 5, and the price level is 5, what is income?


◦ $8 billion
◦ $40 billion
◦ $200 billion
◦ $5,000 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 daltonest1984 on Apr 19, 2019

flexer1n1

  • Sr. Member
  • ****
  • Posts: 373
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


daltonest1984

  • Member
  • Posts: 536
Reply 2 on: Apr 19, 2019
:D TYSM

xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Part of the Hubble Ultra-Deep Field image showing a typical section of space containing galaxies int Part of the Hubble Ultra-Deep Field image showing a typical section of space containing galaxies int
Possible Earth 5 billion years from now Possible Earth 5 billion years from now
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 ...
Women who are 65 and older have a lower median income from all sources than men in the same age ... Women who are 65 and older have a lower median income from all sources than men in the same age ...
Examples of Basic-Level, Subordinate, and Superordinate Concepts Examples of Basic-Level, Subordinate, and Superordinate Concepts
Regional Variation in Income and Access to the Sea Regional Variation in Income and Access to the Sea
Video: Gastrin (protein digestion)

For a complete list of videos, visit our video library