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 47 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
Gracias!

Mochi

  • Member
  • Posts: 300
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Mark Twain supplemented his income as a writer by giving humorous lectures. Mark Twain supplemented his income as a writer by giving humorous lectures.
Shy children often have a high arousal level in novel social situations. Over time, parents can help ... Shy children often have a high arousal level in novel social situations. Over time, parents can help ...
Mechanisms of pain at the nociceptor level. Mechanisms of pain at the nociceptor level.
The four levels of PPE according to the EPA (from left to right): Level A, Level B, Level C, and ... The four levels of PPE according to the EPA (from left to right): Level A, Level B, Level C, and ...
Income Distribution in the United States, 2009 Income Distribution in the United States, 2009
The tertiary level of protein structure for the respiratory pigment myoglobin The tertiary level of protein structure for the respiratory pigment myoglobin
Video: How eudicots (true dicots) differ from monocots Animation

For a complete list of videos, visit our video library