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Delicious77 [7]
2 years ago
15

In a macroeconomic context, choose the best definition for the term velocity. The rate at which the aggregate price level increa

ses. The rate at which money circulates through an economy. The speed of capital accumulation. The rate at which GDP increases in a year. The rate at which the Federal Reserve increases or decreases the money supply.
Business
1 answer:
N76 [4]2 years ago
7 0

Answer:

The rate at which money circulates through an economy.

Explanation:

In Macroeconomics, the term velocity refers to the speed at which money circulates in an economy, and it is a variable in a fundamental macroeconomic equation, the quantity theory of money equation:

M x V = P x T

Which states that the price of goods and services is equal to the amount of money in an economy, or its money supply (M) multiplied by the Velocity of circulation of money, which is in turn equal to price (P) multiplied by the number of transactions (T).

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At a price of $15 each, Marta buys 4 books per month. When the price increases to $20, Marta buys 3 books per month. Luz says th
Lapatulllka [165]

Answer:

No, Luz is incorrect. Marta's quantity demanded has decreased, but her demand has stayed the same.

Explanation:

For $15 per book, the quantity demanded was 4 books per month.

When the price increases to $20 per book, the quantity demanded fell to 3 books per month.

This shows a decrease in the quantity demanded. A change in demand occurs when the price is constant and quantity demanded changes because of change in other factors. But here the other factors are constant and the quantity demanded is changing due to a change in price.

So, Luz's statement here is incorrect.

4 0
3 years ago
What is 1,000 yen in the usa
Ostrovityanka [42]
Still 1000 yen it’s just in the united states of america now
3 0
3 years ago
Paula is in charge of maintaining good relationships between her organization and local government, business leader groups, and
N76 [4]

Answer:

a. public relations

Explanation:

As the name suggest that public relations means the relations that should be made between the organization and the general public, local government, leader groups, etc. It would create a positive image for the public at large by communicating with the people so that they get to know about the company

Therefore according to the given situation, the option a is correct

4 0
3 years ago
A man, who looked about 45 years old, gave a cashier at a grocery store the Special Supplemental Nutrition Program for Women, In
Paladinen [302]

Answer:

He has a teenage daughter that was pregnant or with a little child.

Explanation:

The Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) vouchers are vouchers provided by the federal government to states to ensure that low income pregnant teenager or women, infants and children have access to supplemental food, healthcare, etc. This is in a bid to ensure that every pregnant woman, their children or infants are well taken care of and have access to better health system among other things.

These vouchers cater for over millions of people through their over 40,000 merchants all over the world.

Cheers.

8 0
3 years ago
Read 2 more answers
Suppose that a 10 percent increase in the physical capital stock increases GDP by 10 percent. Nowconsider an additional 10 perce
Artyom0805 [142]

Answer:

B. Less than 10%

Explanation:

An addition increase by 10 % in the physical capital stock (which is a factor of production consisting of man made goods like machineries and so on) will lead to a less than 10% increase in the Gross domestic product. This is due to the law of diminishing marginal utility which talks about the consumption increases marginal utility from each additional unit declines. Thus, the more the physical capital stock increases, the GDP will increase at a decreasing rate.

7 0
3 years ago
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