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Diano4ka-milaya [45]

2 years ago

12

Suppose that velocity is 3 and the money supply is $600 million. According to the quantity theory of money, nominal output equal

s?

1 answer:

Tamiku [17]2 years ago

3 0

Answer:

$1,800 million

Explanation:

According to the quantity theory of money , velocity = nominal output / money supply

If velocity is 3 and money supply is $600 million, nominal output = $1,800 million .

I hope my answer helps you

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Jennifer works as a clerk in a company. The essential function of her job is producing memoranda using word processing software.

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Answer:

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2 years ago

When sold at a 40% discount, a sweater nets the merchant a 20% profit on the wholesale cost at which he initially purchased the

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Answer:

100%

Explanation:

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Therefore,

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Or

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or

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thus,

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or

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2 years ago