Answer:
structured, because it is charts and diagrams
The GDP is $12 billion.
<h3>What is Velocity of circulation in Economics?</h3>
In Economics, Velocity of circulation refers to the circulation of the amount of the money during a given period of the time. The calculation of the velocity of circulation is done by dividing GDP by the country's total money supply.
The Gross domestic product (GDP) is the standard measurement of the total value of the goods and services produced in the country in the given period of time.
According to the question, Velocity of Circulation is 4 and quantity of money is $3 billion.The calculation of the GDP is as follows:-
Gross domestic product = 4×3 billions
= $ 12 billions
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Jefferson assumed the excise tax bred bureaucrats and it also grabbed a toll on his fellow framers. His individual hatred for the tax and encouragement of Congress permitted for the repeal but it took a problem on the previously down federal revenue.
Answer: In the year 2014, Walmart made more than $279 billion, an increase of $5 billion, or 1.8 percent, from last year.
Explanation:
