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Sedaia [141]
3 years ago
15

Suppose that real GDP equals $10 trillion, nominal GDP equals $20 trillion, and the aggregate price level equals 2.

Business
1 answer:
Archy [21]3 years ago
4 0

Answer:

b) $10 trillion

Explanation:

Price level = NGDP / RGDP = 2

NGDP / RGDP = 2

As per the quantity theory of money,

MV = PQ

M.(2) = 20

M = 10 trillion

Therefore, The  money supply is $10 trillion.

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Free cash flow (FCF) and net income (NI) differ in the following ways:
alexandr402 [8]

Answer:

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Explanation:

As we know that

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And, the Net income is determined after considering all cash and non cash expenses.

Therefore, I, II and III statements are considered

Hence, the option c is correct

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2 years ago
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slega [8]

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3 years ago
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8 0
2 years ago
Bob has a loan that he does not think he can afford and wants to make sure his credit score is not affected. Which of the follow
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