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2 years ago

If the stock of money is $250 billion, velocity is 5, and the price level is 10, what is real output

Business

1 answer:

Lostsunrise [7]2 years ago

7 0

The real output given the money supply, price level and the velocity of money is $125 billion.

<h3>What is the quantity theory of money?</h3>

The quantity theory of money states that the price of goods and services in an economy is directly proportional to the money supply.

Quantity theory of money: price x real output = money supply x velocity

<h3>What is the real output?</h3>

Real output = (money supply x velocity) / price

(250 billion x 5) / 10 =

$125 billion

To learn more about the quantity theory of money, please check: brainly.com/question/26370040

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A) Malcolm would have revised his work many times before he was satisfied with it.

Explanation:

The option A is best reason because generally a writer doesn't break his or her flow while writing and that is what Malcolm would have done. After, he would have revised his work many times until he was satisfied.
The option B is not correct as it is not possible to change the book of a writer entirely by the publishing company.
The option C is also incorrect as the drafts were not long and cohesive because his friend found the draft amateurish but not perfect.
The option D is incorrect as it is not true that writers only create first draft and other people produce all other subsequent drafts.

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2 years ago

Are the following statements true or false? The difference between savings and investments is that savings is money set aside fo

grigory [225]

Answer:

That statement is true.

Explanation:

Basically, You put your money in saving if you intended to use that money for future consumption. You put your money in investment if you intended to make financial gain out of it.

For example,

Let's say that you want to buy a laptop that cost $700. You only able to spend $350 per month since you have to consider other more important payment such as rent or food. So you set aside $350 for two month and purchase the laptop at the end of the second month. This is an example of saving.

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2 years ago

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2 years ago

What happens if you lose the money you invested in your stock?

saveliy_v [14]

If that happen, other investors that bet for the opposite cause of your investment would be the one that gained that money, and you will still able to keep that stocks to collect dividend as long as you don't sell it.
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3 years ago

Marin Industries had one patent recorded on its books as of January 1, 2020. This patent had a book value of $201,600 and a rema

konstantin123 [22]

Answer:

The patent should be reported at $302,400 on the December 31, 2020, balance sheet.

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Remaining useful life in month of patent on January 1, 2020 = 8 * 12 = 96 months

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Amortization of book value of patent in 2020 = (Patent Book value / Remaining useful life in month of patent on January 1, 2020) * 12 = ($201,600 / 96) * 12 = $25,200

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Therefore, the patent should be reported at $302,400 on the December 31, 2020, balance sheet.

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2 years ago