Ask a New Question

If nominal GDP is $300 billion and the money supply is $20 billion, What must be the velocity? (b)If the money supply decreases and the velocity does not change, what will happen to nominal GDP?

Ask a New Question or answer this question.

Similar Questions

suppose investment is $30 billion, exports are $20 billion, imports are $50 billion, government spending is $80 billion, and
1. 1 answer
Determine the size of the M1 money supply using the following information.Currency $700 billion Money market mutual funds $2,000
1. 23 answers
The money supply in Freedonia is $200 billion. Nominal GDP is $800 billion and real GDP is $400 billion. Assuming that velocity
1. 1 answer
If nominal GDP is $300 billion and the money supply is $20 billion, What must be the velocity? (b)If the money supply decreases
1. 0 answers

more similar questions