If the money supply is $300 billion, the price level is 1.3, and the real output is 1,300 billion, what is the velocity of money?
A. 0.33
B. 3
C. 5.63
D. 300,000
Answer: C
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Sarno has a capital balance of $42,000 after adjusting the assets to fair market value. Minton contributes $22,000 to receive a 30% interest in the new partnership. The bonus paid by Minton is $2,800
a. True b. False Indicate whether the statement is true or false
Studies carried out by social scientists regarding leaders and power suggest which of the following?
A. Few people are effected when put in a powerful position. B. Gaining power causes some people to lack empathy. C. When in a powerful position, most people can detect the emotions of followers. D. When in a powerful position, most people pay attention to the perspectives of their followers.
Which of the following statements is correct regarding the statement of cash flows?
A) Analysts prefer the direct method to the indirect method. B) Companies prefer the direct method because it is easier and less expensive to prepare. C) A survey of large companies showed 98% of them use the indirect method. D) All of these choices.
A hike in prices of petroleum by the Gulf countries results in a drop in sales of a certain
petroleum-based skin care product. The influence of which of the following market forces is most evident in this case? A) threat of entry B) bargaining power of suppliers C) intensity of rivalry D) pressure from substitute products