User Account

All Pages

What was the quantity of money

Assignment Help Macroeconomics
Reference no: EM131045987

A country has a constant population, capital stock, and technology. In 2010, real GDP was $ 300 million, the quantity of money was $60 million, and the velocity of the circulation of money was $10 million. In 2011, the price level rose by 20%.

A) What was the price level in 2010?

B) What was the real GDP in 2011?

C) What was the velocity of circulation in 2011?

D) What was the quantity of money in 2011.

Reference no: EM131045987

Questions Cloud

Assume all ip headers are 20 bytes : Give the sizes and offsets of the sequence of fragments delivered to the network layer at the destination host. Assume all IP headers are 20 bytes.
Equity versus efficiency : A busy professor can't decide whether to stay in his office to grade papers for another hour or to go home and go to bed. This is an example of:
Write the second order ode as a system of first order odes : Consider the differential equation for mass-spring-damper system as shown: d2x/dt2 + 2γ(dx/dt) + k2x = 0. Write the second order ODE as a system of first order ODEs
Give the sizes and offsets of the sequence of fragments : Give the sizes and offsets of the sequence of fragments delivered to the network layer at the destination host.
What was the quantity of money : A country has a constant population, capital stock, and technology. In 2010, real GDP was $ 300 million, the quantity of money was $60 million, and the velocity of the circulation of money was $10 million. In 2011, the price level rose by 20%.
City bank a depositary bank : Jones, a food wholesaler whose company has an account with City Bank in New York City, is traveling in California on business. He finds a particularly attractive offer and decides to buy a carload of oranges for delivery in New York. He gives Salt..
Problems that can occur if the timeout value is too small : Describe the problems that can occur if the timeout value is too small or too large.
Equilibrium price and quantity of milk : Calculate the equilibrium price and quantity of milk and draw a diagram to illustrate your answer.
Ip currently uses 32-bit addresses : If we could redesign IP to use the 6-byte MAC address instead of the 32-bit address, would we be able to eliminate the need for ARP? Explain why or why not.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Are retailers reporting that recent sales met expectations

Go to the Federal Reserve Web site, www.federalreserve.gov, and select About the Fed, then The Federal Reserve System, and then Districts and Banks. Find your Federal Reserve District. Next, return to the Fed home page and select Monetary Policy.

  Explain how do changes in interest rates inflation

Explain how do changes in interest rates, inflation, productivity and income affect exchange rates.

  Who will capture the economic benefits that the internet

Who will capture the economic benefits that the internet creates? will all the value end up going to customers, or will companies be able to reap a share of it?

  Determine the firms optimal advertising-to-sales ratio

Determine the firms optimal advertising-to-sales ratio and if the firms revenues are $50,000, what is its profit-maximizing level of advertising?

  Question about monopolistic competition

Ruby's Beauty College of Grand Forks, Nebraska, is one of many local beauty colleges each specializing in different haircutting techniques. Rubys Beauty College would become considered:

  Article from either the strayer library or a newspaper

Identify at least four (4) key points of a relevant economic article from either the Strayer Library or a newspaper. The article must deal with any course concepts covered in Weeks 1-8 (supply, demand, market structures, elasticity, costs of producti..

  Elucidate the organization educe current operations

Elucidate the organization/industry continue, expand, or reduce current operations in order to maximize profits. Explain your reasoning.

  What factors shift the labor supply curve to the right

What factors shift the labor supply curve to the right?

  Compute the value of the price index for gdp

Compute the value of the price index for GDP for 2006 using 2005 as base year. By what percent did prices rise?

  How the changes in supply and demand affect equilibrium

Simultaneous changes in supply and demand affect equilibrium price and quantity in various ways, depending on the relative magnitudes of the changes in supply and demand. Equal increases in supply and demand, for example, leave equilibrium price u..

  Explain what is the stance of other developed countries

Explain what is the stance of other developed countries on this issue.

  What is the duration of the loan under both methods of

You can obtain a loan for $100,000 at a rate of 10 percent for two years. You have a choice of paying the principal at the end of the second year or amortizing the loan that is, paying interest (10 percent) and principal in equal payments each year. ..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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