JS
Jatinder Singh Bhullar
Answers (3)
JS
Answered
If velocity is 6, real output is 10,000, and M is 20,000 what would the price level be? If M increases to 25,000 but V and Y do not change, what happens to the price level? Are the change in the money supply and the change in the price level proportional?
On May 12, 2024
P = MV/Y. With the numbers given, P = 12. When the money supply increases to 25,000, P increases to 15. Yes, both the money supply and the price level rise by 25%.
JS
Answered
Emotional appeals
A) focus on making or saving money.
B) explain how to increase efficiency or protect resources.
C) solve workplace problems.
D) focus on status, ego, and sensual feelings.
A) focus on making or saving money.
B) explain how to increase efficiency or protect resources.
C) solve workplace problems.
D) focus on status, ego, and sensual feelings.
On May 12, 2024
D
JS
Answered
List the factors that might influence a country's exports, imports, and trade balance.
On May 10, 2024
a.
the tastes of consumers for domestic and foreign goods
b.
the prices of goods at home and abroad
c.
the exchange rates at which people can use domestic currency to buy foreign currencies
d.
the costs of importing goods from country to country
e.
the policies of the government toward international trade
the tastes of consumers for domestic and foreign goods
b.
the prices of goods at home and abroad
c.
the exchange rates at which people can use domestic currency to buy foreign currencies
d.
the costs of importing goods from country to country
e.
the policies of the government toward international trade