economics

posted by .

The country of Arkanslavia had money supplies of 183 million arkollars in 2010 and 644 million in 2011. They have real output of 791 arkollars in both years. In Arkanslavia velocity was 7 in 2010 but changed to 5 in 2011. What is the difference in the price level between 2011 and 2010?

What formula do i use? im so lost on my hw

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. math

    can please someone check my answer Q.) 30% of the adult population was offline in terms of being able or willing to access the internet. New data relating to the year 2010 (sourced from The Office for National Statistics) indicated …
  2. Math

    Use of the Internet in a country is given by the function f(x)=0.485x^2-1.694x+0.315, where the output is in millions of users. In this formula x=6 corresponds to 1996, x=7 corresponds to 1997, and so on until x=20 corresponds to 2010. …
  3. Algebra

    Two companies sell software products. In 2010. Company 1 had total sales of $17.2 million. Its marketing department projects that sales will increase by $1.5 million per year for the next several years. Company 2 had total sales of …
  4. Math

    I know that year 2010, the population is 38.447 million and year 2011, the population is 38.935 million. The formula given: A=36.1e^(0.0126*t) Determine the population in 2010 and 2011 to nearest thousand people. Use these values to …
  5. Trigonometry

    In 2010, the population of a country was 70 million and growing at a rate of 1.9% per year. assuming the percentage growth rate remains constant express the population P, as a function of t, the number of years after 2010.
  6. algebra

    In 2010 a company reported a net income loss of 23.8 million. In 2011 the company reported a net income gain of 10.4 million. How much more income did the company earn in 2011 than in 2010
  7. math

    Date US Population Jul 1, 2012 313.85 million Jul 1, 2011 311.59 million Jul 1, 2010 309.35 million Jul 1, 2009 306.77 million Jul 1, 2008 304.09 million Jul 1, 2007 301.23 million Jul 1, 2006 298.38 million Jul 1, 2005 295.52 million …
  8. math

    There were 845 million facebook users in 2011 and 608 million in 2010. What is the percent since Facebook is now used by 1 in every 13 people on earth?
  9. Math

    The following table shows the profit, in millions of dollars, for a company from 2010 to 2013. 2011 24 Million 2011 neg 354 Million 2012 248 Million 2013 587 Million How much more profit did the company make in 2010 than in 2011, in …
  10. College Algebra

    On May 18, 2010, a company reported that it had a net profit of $15.1 million, which represented an increase of 206.3% for 12-month period ending on March 31, 2010. Estimate the net profit for the previous year ending on March 31, …

More Similar Questions