Answer:
The velocity of money is 6.
Step-by-step explanation:
Nominal Gross Domestic Product is the Gross Domestic Product that has been determined by the current prices of goods and services in a market.
Money velocity expresses the rate at which money moves from one entity to another in a given economy. It it the ratio of the nominal Gross Domestic Product to the money supply in an economy.
i.e V =
where: V is the velocity of money, P x Y is the nominal GDP i.e price level x output/real GDP, and M is the money supply. High velocity of money causes an increase in inflation.
Given that, nominal GDP = 2400 and money supply = 400, then;
V =
= 6
Therefore the velocity of money is 6.
Answer:
24
Step-by-step explanation
since the values are given, we can rewrite this equation.
(9 x 4) + (4 x -3)
36 + -12
24
Answer:
N(p) = 22 + 10p
In graphing the function, N(p) = 22 + 10p
would be the slope and 10;
and 22 would be the y-intercept.
Step-by-step explanation:
Let p represents the number of transactions.
Each transaction is worth 10 points, then p transactions are worth 10p points.
Customers automatically earn 22 points when they sign up.
The total amount of points is
N(p) = 22 + 10p
In graphing the function, N(p) = 22 + 10p
would be the slope and 10;
and 22 would be the y-intercept.
Answer:
The value of <em>s</em> that will make <em>p</em> = 0 is 80.
Step-by-step explanation:
The equation used to describe the relationship between amount of airborne particulate pollution from a power plant and wind speed is:
Compute the value(s) of <em>s</em> for which the value of <em>p</em> = 0 as follows:
Since wind cannot travel in negative speed, the value of <em>s</em> is 80.
Well one way is to decide if its a right triangle, if so the right angle will always be 90 degrees