Suppose the keynesian demand for money

Assignment Help Business Economics
Reference no: EM13997468

Suppose the keynesian demand for money is given by L(Y,r)=y/8-100. If income(y) equals 12000 million and the interest rate(r) equals 0.05, calculate the value for the velocity of money.

Reference no: EM13997468

Questions Cloud

Studying biochemistry : I'm studying Biochemistry and I'm currently on the topic: The Citric Acid Cycle. I wanted to know why the multi-protein PDH complex for the pyruvate decarboxylation process (that consists of E1 (Pyruvate Dehydrogenase), E2 (Dihydrolipoyl transacetyla..
Construct the world relative supply curve : Suppose USA has 2,400 units of labor available. It can produce two goods, apple and bananas. The unit labor requirement in the apple production is 3, while in banana production, it is 2. Suppose Canada has a labor force of 800. Graph Canada's product..
What is the equation for the rotational kinetic energy : In the action adventure film Indiana Jones and the Raiders of the Lost Ark. What is the equation for the rotational kinetic energy KR,1 of the spherical boulder?
The greatest number of sidechain nitrogens : What is the amino acid with the greatest number of sidechain nitrogens?
Suppose the keynesian demand for money : Suppose the keynesian demand for money is given by L(Y,r)=y/8-100. If income(y) equals 12000 million and the interest rate(r) equals 0.05, calculate the value for the velocity of money.
What would be the potential at point b : By moving a 15nC charge from point A to point B, you determine that the electric potential at B is 120 V. What would be the potential at point B if a 30nC charge were moved from A to B?
Phosphate in certain reaction of glycolysis : Do you think that Arsenate can replace Phosphate in certain reaction of Glycolysis. If yes, then in which reactions? What is its effect? What is Arsenate poisoning?
Determine the time course of movement in nanopartical : Determine which specific wavelengths can increase the nanopartical movement inside cell and to determine mechanism responses in both affected and non affected cell.
Find the golden rule quantity of capital per worker : Consider a numerical example using the Solow growth model, suppose that F(K,N)=K^0.5N^0.5 with d=0.1,s=0.2,n=0.01,and z=1, and take period to be a year. Determine capital per worker, income per capita, and consumption per capita in the steady state. ..

Reviews

Write a Review

Business Economics Questions & Answers

  What would be the incremental cost of carrying receivables

Van Doren Housing expects to have sales this year of $18 million under its current credit policy. The present terms are net 30; the days sales outstanding (DSO) is 48 days; and the bad debt loss percentage is 4 percent. What would be the incremental ..

  Associated with a favourable supply shock

Which of the following would NOT be associated with a favourable supply shock?

  In the two-period intertemporal consumption model

In the two-period intertemporal consumption model, if MRS = C2/(4C1), r= 5%, Y1 = 50 and Y2 = 105, the optimal consumption combination

  Think about discipline vs. elasticity

At the Bretton Woods Conference in 1944, two proposals were made to manage international payment imbalances: (1) Keynes’ International Clearing Union (or Bancor plan) and (2) the United States’ plan (International Monetary Fund). How were these plans..

  Characteristics of a perfectly competitive firm

Pick one of the characteristics of a perfectly competitive firm and explain in detail why it may not hold up in real-life. Use a specific example to illustrate your answer.

  Find walmarts total labor cost and marginal cost

Assume that Wal-mart is the only employer of retail workers in a small town in Indiana. As a local non-discriminating monopsonist, Wal-mart faces a labor supply curve given by: Find Wal-Mart’s Total Labor Cost and Marginal Cost.

  Explain difference between inferior goods and normal goods

Explain the theory that education acts as a signaling device' How does this contrast to the theory of education as an investment in human capital? Explain the difference between inferior goods and normal goods' As a developing economy experiences inc..

  Recognition lag associated with fiscal policy

The more progressive the tax system, the: The portion of the public debt owed to foreigners does not represent any real economic burden to Americans because we received money from foreigners when we incurred the debt.  The so-called "recognition lag"..

  Evalute any one economic model of such imperfect competition

Evalute any one economic model of such imperfect competition, and assess how well it explains the behaviour of real firms, and the results such behaviour might have upon the efficiency of resource allocation.

  Compute demand of price elasticity

Compute demand of price elasticity of for natural gas sold to the US.

  Study of intertemporal utility maximization

In our study of intertemporal utility maximization, everything (initial and ending wealth, interest rate, and consumption) in the budget constraint is expressed in real terms. Reformulate the budget constraint in nominal terms and show that for a two..

  Is the market currently over or under producing this good

Suppose that demand for a product is Q = 1000 – P and supply is Q = 9P. Furthermore, suppose that the marginal external damage of this product is $20 per unit. Suppose this is a negative production externality. Calculate the Q currently being produce..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd