Answer:
<em>The polygon area is </em><em />
Step-by-step explanation:
Points:
(2,7), (8,2), (6,11), (6,5), (11,6)
1. The area of the polygon could be calculate with the eqation:
2. Replace the coordinates in equation for A:
3. Solve the determinant, and calculate A:
<em>The polygon area is </em><em />
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.