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Author Question: If the stock of money is $200 billion, velocity is 5, and the price level is 5, what is income? (Read 54 times)

daltonest1984

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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
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Marked as best answer by daltonest1984 on Apr 19, 2019

flexer1n1

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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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daltonest1984

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

ebonylittles

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Reply 3 on: Yesterday
Wow, this really help

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