Answer:
The velocity of money is 6.
Step-by-step explanation:
Nominal Gross Domestic Product is the Gross Domestic Product that has been determined by the current prices of goods and services in a market.
Money velocity expresses the rate at which money moves from one entity to another in a given economy. It it the ratio of the nominal Gross Domestic Product to the money supply in an economy.
i.e V = 
where: V is the velocity of money, P x Y is the nominal GDP i.e price level x output/real GDP, and M is the money supply. High velocity of money causes an increase in inflation.
Given that, nominal GDP = 2400 and money supply = 400, then;
V = 
= 6
Therefore the velocity of money is 6.
1: 9...
2: 36 yes
3: 18
4:24
5: 27
Answer:
1. 9 - 10n = -1 + 1/10
2. 14 - 3n = 14 - 3n
3.14 - 21 = - 7⋅ (3n - 2)
4. (2-3n)⋅7 = Sorry i dont know
5. I HAVE NO IDEA SO SORRY
Step-by-step explanation:
Answer:
b = 5
Step-by-step explanation:
4 ( 3b + 2 ) - 5b = 43 Given
( 4 • 3b + 4 • 2 ) - 5b = 43 Distributive Property
12b + 8 - 5b = 43
12b - 5b + 8 = 43 Combine like terms
7b + 8 = 43
7b + 8 - 8 = 43 - 8 Subtraction Property of Equality
7b = 35
7b / 7 = 35 / 7 Division Property of Equality
b = 5
Answer:
No
Step-by-step explanation:
To determine if the point (- 3, 5) is a solution to both equations.
Substitute the x and y values into the left side of both equations and if equal to the right sides then the point is a solution.
x - 3y = - 3 - 3(5) = - 3 - 15 = - 18 ← True
- 2x + y = - 2(- 3) + 5 = 6 + 5 = 11 ← False
Thus (- 3, 5) is not a solution to the system of equations.
