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The velocity of money is

Suppose in an economy the nominal money supply is $ 1000, the general price level is 4 and the real output is at its full
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2. asked by Anonymous
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suppose that this year's money supply is $500b, nominal gdp is $10trillion, and real gdp is $5trillion, what is the price level
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2. asked by Liyyah
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The velocity of money isa. the same thing as the long-term growth rate of the money supply. b. the money supply divided by
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2. asked by unknown 2.0
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QUESTION 2Recall that an economic depression can occur due to an excess demand for money, which is identified also by an excess
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2. asked by shamsa adow
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Benjamin found a bag of money. He decided to give 1/2 of the money to his best friend, 1/4 of the money to his sister, 1/8 of
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2. asked by Mr.Patrick
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If money is neutral,a. a change in the money supply reduces velocity proportionately; therefore, there is no effect on either
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2. asked by unknown 2.0
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If nominal GDP is $300 billion and the money supply is $20 billion, What must be the velocity? (b)If the money supply decreases
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2. asked by mercedes
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If nominal GDP is $300 billion and the money supply is $20 billion, What must be the velocity? (b)If the money supply decreases
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2. asked by mercedes
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t is costly to hold money because:Answers: deflation may reduce its purchasing power. in doing so one sacrifices interest
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Due to a change in monetary policy, the money supply in a certain country is reduced. Bob says that this will likely lead to a
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