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Author Question: If nominal GDP is $300 billion and the velocity is 3, the stock of money is $900 billion. (Read 105 times)

fox

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on: Apr 19, 2019

Question 1

A velocity of 1 means that money will not change hands during a particular year.


◦ true
◦ false

Question 2

If nominal GDP is $300 billion and the velocity is 3, the stock of money is $900 billion.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by fox on Apr 19, 2019

leahchrapun

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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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fox

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

recede

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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