Use the following table to answer the next question.YearReal GDPPopulation2008$20,000200200940,000400201060,000400201170,000500In 2011 real GDP per capita equals ________.
A. $140
B. $7,000
C. $100
D. $70,000
Answer: A
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Bonds without a maturity date are called
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a. True b. False Indicate whether the statement is true or false
In the short-run velocity is not constant. Which of the following variables can be affected by a change in money supply?
I. real GDP II. nominal GDP III. the price level A) III only B) II and III C) I, II, and III D) If velocity is not constant, then none of the variables is affected.