Business, 01.07.2021 19:50 PaulJames

In 2012â, an economy was at full employment. The quantity of money was growing at 8.3 percent aâ year, the nominal interest rate was 9.5 percent aâ year, real GDP grew at 5.0 percent aâ year, and the inflation rate was 3.1 percent a year. Was the velocity of circulation constant?
If the velocity of circulation was not constant, how did it change and why might it have changed? The velocity of circulation and its change was percent a year.
The change in the velocity of circulation occurred because the:.
A. real interest rate is greater than the nominal interest rate.
B. growth rate of the quantity of money was greater than the growth rate of real GDP.
C. growth rate of the quantity of money was less than the growth rate of nominal GDP.
D. growth rate of the quantity of money was greater than the growth rate of nominal GDP.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 23:00, stevend0599

What is overdraft protection (odp)? a.) a cheap and easy way to always avoid overdrawing a bank account b.) a service to automatically transfer available funds from a linked account to cover purchases, prevent returned checks and declined items when you don’t have enough money in your checking account at the time of the transaction. c.) an insurance policy sold by banks to prevent others from withdrawing your money d.) a service provided by the government that insures individuals bank deposits up to $250,000

Answers: 2

continue

Business, 22.06.2019 13:10, KillerSteamcar

A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?

Answers: 2

continue

Business, 22.06.2019 19:20, cathydaves

Bcorporation, a merchandising company, reported the following results for october: sales $ 490,000 cost of goods sold (all variable) $ 169,700 total variable selling expense $ 24,200 total fixed selling expense $ 21,700 total variable administrative expense $ 13,200 total fixed administrative expense $ 33,600 the contribution margin for october is:

Answers: 1

continue

Business, 22.06.2019 21:50, dontworry48

Abus pass costs $5 per week. which of the following equations shows the total cost in dollars, t, of the bus pass for a certain number of weeks, w? t = 5w w = 5t t = 5 + w w = 5 + t

Answers: 3

continue

You know the right answer?

In 2012â, an economy was at full employment. The quantity of money was growing at 8.3 percent aâ yea...