1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lawyer [7]
3 years ago
10

What is the velocity of money?

Business
1 answer:
AleksandrR [38]3 years ago
8 0

Answer:

The rate at which money circulates through an economy.

The velocity of money is 2.

Explanation:

The velocity of money is the rate at which money circulates in an economy. It can be defined as the rate at which money is exchanged or is used to purchase goods and services.

It is the number of times money changes hands or number of times money has been used in a given period of time.

According to the equation of exchange,

Nominal output

= Money\ supply\times Velocity\ of\ money

Velocity of money

= \frac{Nominal\ GDP}{Velocity\ of\ money}

= \frac{88,000}{44,000}

= 2

You might be interested in
A restaurant chain is working on improving the quality of its food and service. To track its progress it recruits customers who
Ksju [112]

Answer: Option (a) is correct.

Explanation:

Correct Option: Panel data.

Panel data is a combination of cross sectional data and time series data. Panel data is mostly used for the regression analysis. In this type of data, one can observe multiple instances or scenarios at more than one time frame.

The information provided by this type of data can be categorized into parts:

(i) Cross-sectional Information

(ii) Time series Information

3 0
3 years ago
An adjustment for Prepaid Rent would indicate the amount Question 10 options: expired. on hand. originally paid. of the trial ba
juin [17]
It <span>would indicate the amount Expired.

Prepaid rent is a type of rent expense that you paid up-front for the future use.
In accounting, adjustment is made towards prepaid rent at the end of the year in order to find the true value ofremaining prepaid rent.
This value is being calculated by finding the fees of the rent per month and reducing it with the total by the end of the year</span>
7 0
4 years ago
The currency of the united states consists primarily of metal coins and paper money.
Mariulka [41]
Answer: True

U.S currency is dollar bills (1, 5, 10, and 20) and coins (Pennie’s, Nickels, Dimes, Quarters)
3 0
2 years ago
One way to take responsibility for your health is to formulate a wellness plan. write four wellness goals for maintaining good r
dybincka [34]
<span>1. Practice safe sex: Always make sure to talk about your sexual history with your new sexual partner prior to engaging in sex. If you are non-monogamous, use condoms every time. Encourage your sexual partner to join you in getting an STD test. This is important for short-term and long-term health because it can affect the ability to have children in the long term and also decrease risk for contracting an STD in the short-term. 2. Drink water: Being hydrated is important in the long-term for maintaining a healthy reproductive system. Vaginal dryness can be caused/or worsened by dehydration, which can make sex less comfortable and increase risk of infections. 3. Get annual checkups: this is a long-term benefit. It can help catch any potential problems while they are early to prevent them from becoming much more serious. 4. Be conscious about using toxic chemicals. Another long-term goal is to stay away from ttoxins lie dioxin, phthalates, PFCs, and pesticides. These chemicals can cause reproductive problems that could negatively influence the ability to have a healthy pregnancy.</span>
4 0
3 years ago
If each extra worker produces an additional unit of output, how do the total product of labour, average product of labour, and m
valentina_108 [34]

Answer: Please refer to Explanation

Explanation:

The Total Product of Labour curve is constructed by equating the quantity produced to labour. If every additional worker produces an additional unit of output then the Total product of labour curve will have a slope of 1 because every unit of labour leads to an additional unit of output.

Average Product will also be 1 because if each additional worker produces 1 extra then n workers is equal to n output. n divided by n will be one.

The Marginal Product of Labour is simply how much output is produced when an additional worker is added and the question already lists that as 1 so 1 is the answer.

6 0
3 years ago
Other questions:
  • Unearned revenues are revenues not recorded as revenues until services are performed. revenues for services already performed an
    12·1 answer
  • Why do the women from the Financial Diet recommend using direct deposit, mobile banking, and financial apps?
    8·1 answer
  • Sommer, Inc., is considering a project that will result in initial aftertax cash savings of $1.79 million at the end of the firs
    6·1 answer
  • In a Harvard Business Review article, consultant Ben Dattner emphasizes the importance of giving credit to others for their good
    7·1 answer
  • Genova Corporation has a four year 10% annual coupon bond. The price of the bond is $956.12. The Yield to Maturity is 11.43%. Wh
    11·1 answer
  • The most desirable bundle of rights in time-sharing gives the buyer privileges to rent or sell the interest in the property. the
    8·1 answer
  • Can the same header and footer appear on multiple pages
    13·1 answer
  • The growth rate is a measure of the rate at which a countrya's population is increasing. Please select the best answer from the
    14·1 answer
  • Practical wisdom is a matter of following the rules in ethics. <br>O True <br>OFalse​
    8·1 answer
  • A firm that wanted to enable its employees to use and share data without allowing outsiders to gain access could do so by establ
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!