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vfiekz [6]
3 years ago
11

If the money supply is​ $500 and nominal income is​ $3,000, the velocity of money is A. ​1/60. B. ​1/6. C. 6. D. 60.

Business
1 answer:
algol [13]3 years ago
5 0

Answer:

The correct option is c.6

Explanation:

For computing the velocity of money, the following formula should be used which is shown below:

The Velocity of money = Nominal income ÷ money supply

where,

Nominal income is $3,000

and, the money supply is $500

Now put these values to the above formula so that we can find out the answer

So, the answer would be equal to

= $3,000 ÷ $500

= 6

Thus, the velocity of money is 6

Hence, the correct option is c.6

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atch China's GDP Growth Rate to the year. This data is easily found by creating a raw data longitudinal or advanced bar chart an
Kamila [148]

Answer:

I will lay out China's GDP growth rate in the last years:

YEAR GDP GROWTH RATE

2018 - 6.6%

2017 - 6.7%

2016 - 6.7%

2015 - 6.9%

2014 - 7.3%

2013 - 7.7%

2012 - 7.8%

2011 - 9.5%

2010 - 10.6%

2009 - 9.4%

2008 - 9.6%

2007 - 14.2%

2006 - 12.7%

2005 - 11.3%

2004 - 10.1%

2003 - 10.0%

2002 - 9.1%

2001 - 8.3%

2000 - 8.4%

1999 - 7.6%

1998 - 7.8%

1997 - 9.2%

1996 - 9.9%

1995 - 10.9%

1994 - 13.0%

1993 - 13.8%

1992 - 14.2%

China was growing a lot in the first years of the 1990s. The last half of the decade saw less grow because of the Asian financial crisis,

During the mid 2010s, China was again growing ove 10% every year. This boosted the world economy, for example, Latin America, because this region is an important provider of raw materials such as coal, oil and soy.

China was not seriously affected by the 2008-2009 financial crisis, or by the 2011 European debt crisis.

However, in recent years, the country has been growing less, probably because as it develops more, it tends to grow less. Same thing has happened to every developed country in the world. In fact, advanced economies like the United States or Germany rarely grow above the 2% rate per year.

3 0
3 years ago
(look at the graph)
stealth61 [152]

Answer:

a) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Luxland? explain.

Yes, it is advantageous for Luxland. On its own, Luxland can only produce 1 chip for 1 pretzel, but with trade, 1 pretzel would now be equivalent to 4 chips, representing a net gain of 3 chips.

​​b) if the terms of trade are 4 chips for 1 pretzel, would trade be advantageous for Leanderland? explain.

No, trade would not be advantageous. We can see than domestically, Leanderland can produce 2 pretzels for every chip, because the graph shows that 4 chips are equivalent to 8 pretzels for this nation.

For trade to be advantageous, Leanderland should obtain at least 9 pretzels for the 4 chips.

3 0
3 years ago
Which of the following is true about avoiding discrimination?
Ivan

If preventing discrimination would cause undue hardship, reasonable accommodations will be made. The correct response to the question is option (d).

<h3>What is discrimination?</h3>

Discrimination is the practice of treating someone unfairly based on the groups, classes, or other categories to which they nominally or tacitly belong. Due to a person's race, gender, age, religion, sexual orientation, or any other characteristic, they may be treated unfairly. Discrimination based on race and national origin is presently the most prevalent sort of prejudice.

Discrimination typically takes four different forms:

• Discrimination in the open. This entails treating one individual less favorably than another due to a protected feature.

• Unintentional discrimination

• Harassment

• Victimization

To know more about discrimination, visit:

brainly.com/question/14896067

#SPJ1

8 0
1 year ago
At its simplest, acquisition management can be viewed as:
Goryan [66]

Answer:

The correct answer is letter "D": project management plus operations management.

Explanation:

Acquisition management refers to all the efforts a company makes to obtain the materials necessary for the operations process stage to take place. Labor, land, and equipment are the main factors that the company must acquire to make its project become true. Under that scenario, project management and <em>operations management </em>are the core of the <em>acquisition management</em>.

3 0
3 years ago
What is the order of operations?
maxonik [38]

Answer:

I think the answer is B.

Explanation:

6 0
3 years ago
Read 2 more answers
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