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The money supply in freedoia is 100 billion.Nominal GDP is 800 billion and real gdp is 200 billion what are the price level and velocity in freedonia ?
The money supply in freedonia is 200 billion.Nomial GDP is 800 billion and real gdp is 400 billion. Assuming that velocity is stable ,if real gdp grows by 10 percent this year , and if the money supply dose not change this year then the price level will fall ?
Velocity in the country of nemedia is always stable.In 2001,the money supply was 100 billion and real GDP was 300 billion .in 2002,the money supply increse by 10 percent,real GDP increased by 5 percent and nominal GdP equaled 660 billion.by how much did the price level between 2001 and 2002 ?
Derive the relative supply of apples in the world - write a summary about its description of the european situation. What do you think that is going to happen to the Euro zone?
The demand for money in a country is given by, Assume that the money supply is set by the central bank at $1,198,000. Determine the equilibrium interest rate.
Compare the magnitude of the percentage in the rental on capital with percentage change in wage in part and identify the factor that benefits from trade in real terms
Are there any similarities and differences between the principle of comparative advantage and absolute advantage?
Suppose the spot exchange rate in dollars and yen is e=$1/100yen. The interest rate on a 6 months dollar denominated assets is i($)=1 percent and interest rate on comparable 6 months yen denominated assets
Suppose If factor-intensity reversals were indeed prevalent in the real world, how might this fact be used to describe the Leontief paradox?
Critically evaluate the rules and institutions of the Bretton Woods system. What lessons do these features provide for Economic and Monetary Union policymakers?
A company that produces T-shirts and sells its items in a perfectly competitive market. The manager forecasts the wholesale value of T-shirts next year to be $7.00.
for most purposes, money lowers the cost of making transactions relative to barter-the direct exchange of one good or service for another. However, barter has not disappeared, even in an advanced economy such as that of the United States. Can you ..
What would be the price of steel in the United States if a policy of "self-sufficiency" were established and no imports were allowed? How many tons of steel would be produced?
Assume you wish to start a business in an area in which a natural crisis has recently occurred. How would you decide which kind of business to start?
After the US stock market crash of 1929, "the government failed to halt the downward spiral. In fact, it made it worse." Explain. What effect did The General Theory of Money, Employment, and Interest have on the US economy? Explain. How did Keynes ..
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