Tuesday
September 30, 2014

Homework Help: Macroeconomics

Posted by Jess on Tuesday, April 9, 2013 at 2:23pm.

The money supply in Freedonia is $200 billion. Nominal GDP is $800 billion and real GDP is $400 billion. Assuming that velocity is stable, if real GDP grows by 10 percent this year, and if the money supply does not change this year, what is the change of price level?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Economics - Suppose that S(savings) = $4 billion when Real GDP = $200 billion & ...
Macroeconomics, - If nominal GDP is $300 billion and the money supply is $20 ...
Macroeconomics, - If nominal GDP is $300 billion and the money supply is $20 ...
Economics - If a government raises its expenditures by $50 billion and at the ...
Macroeconomics - Wondering if I am doing this correctly?? If net taxes are ...
Macroeconomics - Suppose GDP is $800 billion, taxes are $150 billion, private ...
Economics - The value of the marginal propensity to save is 0.2. If real GDP ...
Economics - *MPC = 3/4 *change in Taxes(T) = $5 Billion *change in Government ...
macroeconomics - Year - 2000 Nominal GDP: 9,817 Real GDP: ___________ GDP ...
Macroeconomics - GDP of a country is 6000 billion. Investment is 2100 billion. ...

Search
Members