If M = 3,000 . P = 2, and Y = 6,000 . what is velocity?
a. 1/4
b. 2
c. 4
d. 1
c
You might also like to view...
Refer to the above table. At what quantity of labor does the law of diminishing marginal product set in ?
a. after 2 units b. after 6 units c. after 3 units d. after 1 unit
The above figures show the market for oranges. Which figure shows the effect of a new technology called "the orange picker," which harvests oranges less expensively than ever before?
A) Figure A B) Figure B C) Figure C D) Figure D
Refer to Figure 13-4. Given the economy is at point A in year 1, what will happen to the price level in year 2?
A) It will fall. B) It will rise. C) It will remain constant. D) not enough information to answer the question
If the absolute value of your calculated t-statistic exceeds the critical value from the standard normal distribution, you can
A) reject the null hypothesis. B) safely assume that your regression results are significant. C) reject the assumption that the error terms are homoskedastic. D) conclude that most of the actual values are very close to the regression line.