Suppose nominal GDP is​ $2,000 a year and the quantity of money is​ $400. Then the velocity of circulation equals         A. 5.   B. 10.   C. ​1/5.   D. 8.   E.

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Which of the following is true? Question 37Answer a. The loanable funds model is essentially a model that determines the short-term real rate of interest. b. The money market model is essentially a model that determines the short-term real rate of interest. c. The money market model is essentially a model that determines the short-term nominal rate of interest. d. The loanable funds model is essentially a model that determines the long-term nominal rate of interest.

If the GDP price index is 150, real GDP is $10 trillion, and the quantity of money is $5 trillion, what is the velocity of circulation? The velocity of circulation is _____? Thank you!!

In Thanosland, the production function is Cobb - Douglas. Suppose that between two periods (2016 and 2017), both the capital and labor input doubled and nothing else changed in the production function. Also, suppose that the money supply and velocity remained constant in this period. If the GDP deflator in 2016 was 100, what is true about GDP deflator in 2017? a. It is 50 b. It is 100 c. It is 200 d. We need more information

Fill in the blanks to complete the following passage regarding the U.S. savings rate. Drag word(s) below to fill in the blank(s) in the passage. It generally fell for nearly three decades before reaching a In 1982, the savings rate rose above low of 2008-2009, the savings rate climbed as high as range. in 2005. Yet as real estate and stock prices fell in the aftermath of the Great Recession of in 2012, before falling to about the 6-8% 0% 6% 10% 30% 12% 2.2%

Refer to Figure 11.1. All of the following events can cause a movement from Point E to Point A EXCEPT   Group of answer choices an increase in real output and income. a decrease in the interest rate. an increase in the nominal aggregate output. an increase in the aggregate price level.

16. Which of the following is true? a. The Great Depression was caused in part by “the liquidity trap.” b. The Great Depression illustrated why the “Paradox of Thrift” is important for understanding the macroeconomy. c. The Great Depression proved that savings do not equal investment because of pessimistic animal spirits. d. The price system in the capital market (the real interest rate) was sabotaged by a structurally unsound central banking system. e. The Great Depression was caused in part by runaway greed among the business owners of the time.

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