All other things being equal, by how much will nominal GDP expand if the central bank increases the money supply by $100 billion, and the velocity of money is 3?

Answers

Answer 1

If the central bank increases the money supply by $100 billion and the velocity of money by 3, then the nominal GDP will increase by $300 billion.

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Answer 2

The value of nominal GDP, when the central bank increases the money supply by $100 billion, and the velocity of money is 3, is 300.

What is the equation of exchange?

The equation of exchange can be given as,

[tex]M\times V=P\times Q[/tex]

Here, (M) is the money supplied, (V) is the velocity of the money, (P) is level of price and (Q) is Real GDP.

The central bank increases the money supply by $100 billion, and the velocity of money is 3. Here, we have,

[tex]M=300\\V=3[/tex]

The product of level of price and Real GDP is nominal GDP.

[tex]M\times V=P\times Q\\100\times 3=\text{Nominal GDP}\\\text{Nominal GDP}=300[/tex]

Thus, the value of nominal GDP, when the central bank increases the money supply by $100 billion, and the velocity of money is 3, is 300.

Learn more about the nominal GDP here;

https://brainly.com/question/12291963


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Answer is 17.5.

Step-by-step explanation:

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There are 400 thousand people living in Miami and 300 thousand people living in Anchorage. Which statement below shows which city has more people living in it? - 400 thousand people > 300 thousand people, so there are more people living in Miami. 400 thousand people < 300 thousand people, so there are more people living in Miami. 400 thousand people > 300 thousand people, so there are more people living in Anchorage. 400 thousand people < 300 thousand people, so there are more people living in Anchorage.​

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Step-by-step explanation:

Answer:

400 thousand people > 300 thousand people, so there are more people living in Miami.

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Step-by-step explanation:

A walking path 78 mile long Colleen planted 14 bushes the same distance apart along the path how far power are the 1st 2 bushes along the path​

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Answer:

The bushes will be located 6 meters apart from each other.

Step-by-step explanation:

Given that at a walking path 78 mile long Colleen planted 14 bushes the same distance apart along the path, to determine how far away are the 1st 2 bushes along the path, the following calculation must be performed:

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1: x=1
2: (1,-4)
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Step-by-step explanation:

480 is the answer // provide picture for better answer

⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️HELP HELP HELP HELP - A triangle has side lengths of 7, 23, and 25. Is the triangle a right triangle? *
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Answers

Answer:

No, the triangle is not a right triangle

Step-by-step explanation:

Answer:

To determine if the triangle is a right triangle, we can use the Pythagorean theorem, which states that in a right triangle, the square of the length of the hypotenuse (the side opposite the right angle) is equal to the sum of the squares of the other two sides.

Let's check if the given triangle satisfies the Pythagorean theorem:

7^2 + 23^2 = 49 + 529 = 578

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Since 578 is not equal to 625, the triangle does not satisfy the Pythagorean theorem. Therefore, the triangle is not a right triangle.

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The answer of the First one is 76

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Answer:

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Step-by-step explanation:

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Step-by-step explanation:

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Answer:

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Improper Fraction: [tex]\frac{283}{100}[/tex]

Answer:

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Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

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Answers

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Step-by-step explanation:

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I will give Brainliest answer!

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Answer:

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Step-by-step explanation:

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Step-by-step explanation:

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Answer:

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Answer:

There is a 95% chance that values will be within ±2 standard deviations of the mean.

Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

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