If the money supply in an economy equals $1,000 and nominal GDP equals $3,000,then according to the equation of exchange,velocity of money:
A) equals 1/3. B) equals 3. C) equals 3 million. D) cannot be determined since we do not know anything about prices. E) cannot be determined since we do not know anything about real GDP.
Managers assign tasks to employees, arbitrate disputes, answer questions, solve on the spot problems, and make many decisions that affect customers and employees, which in turn, will likely influence future financial and nonfinancial performance.
Remote Inc.,an automobile company,decides to expand its operation abroad by setting up three new manufacturing plants.Since enough funds were not available for this expansion process,Remote decides to list its company on its national stock exchange and issue securities for raising additional capital.The market for Remote's securities can be described as a(n) ______ market.