According to the quantity equation, if P = 6 and Y = 800, which of the...
Homework Answers
We know according to Quantity theory of money
MV=PY
MV=6(800)=4800
Thus MV has to be 4800
Thus ans is D
Add Answer to:
According to the quantity equation, if P = 6 and Y = 800,
which of the...
According to the quantity equation, if P = 6 and Y = 800, which of the...
According to the quantity equation, if P = 6 and Y = 800, which of the following pairs could M and V be? (1 mark) a. 200, 3 b. 400, 4 c. 600, 5 d. 800, 6
Suppose that M is fixed but that P falls. According to the quantity equation which of...
Suppose that M is fixed but that P falls. According to the quantity equation which of the following could both by themselves explain the decrease in P? a. Y rose, V rose b. Y fell, V fell c. Y rose, V fell d. Y fell, V rose
QUESTION 3 Figure Price Supply P K I P" P B M N Demand Quantity Refer...
QUESTION 3 Figure Price Supply P K I P" P B M N Demand Quantity Refer to Figure. If the government imposes a tax size of P- P" in the above market then the area L+M+Y represents a. consumer surplus after the tax. producer surplus after the tax. Cconsumer surplus before the tax. producer surplus before the tax. QUESTION 4 4 point Figure Supply Dennd Quantity Q1 02 Q3 Q Qs Refer to Figure. If the government impose a tax...
Price Quantity demanded Quantity supplied 1 700 300 2 600 400 3 500 500 4 400...
Price Quantity demanded Quantity supplied 1 700 300 2 600 400 3 500 500 4 400 600 5 300 700 6 200 800 7 100 900 8 0 1000 Suppose that the production of good X generates external value of $3 per unit (due to lowering production of cost of another good Y) for the economy. What is the value of the appropriate corrective tax or subsidy? a) Subsidy - $3 b) Subsidy - $2 c) Tax - $3...
É1,000 800 600 400 200 1 3 5 6 Quantity (thousands of apartments per month) The figure above shows the demand for a...
É1,000 800 600 400 200 1 3 5 6 Quantity (thousands of apartments per month) The figure above shows the demand for and supply of rental housinng in Smallton. If a rent ceiling is set at $400, there is A) a surplus of 3,000 units of rental housing. B) a shortage of 4,000 units of rental housing. C) a shortage of 2,000 units of rental housing. D) neither a shortage nor a surplus of rental housing.
10. Which of the following statements is (are) correct? (x) The quantity equation is specified as...
10. Which of the following statements is (are) correct? (x) The quantity equation is specified as MXV = PxY. Where P is the price level, M is the money supply V is the velocity of money. Y is real output and PX Y is nominal output. ly) The velocity of money is the calculated as the average number of times per year a dollar is spent (z) Based on the quantity equation, if P = 3.0. Y = 1,000 million,...
According to the quantity equation, if Y and M are constant and V doubles, what factor...
According to the quantity equation, if Y and M are constant and V doubles, what factor does the price level multiply 11 000,
Solve for the unknown quantity shown in the following cash flow diagrams. The MARR is 3%...
Solve for the unknown quantity shown in the following cash flow
diagrams. The MARR is 3%
b. Hint: Try decomposing this cash flow into three simple cash
flows, one of which is a uniform gradient. Remember that there is
no cash flow in the first period of a uniform (arithmetic)
gradient.
$600 P $400 $300 $200 $100 4 2 3 1 5 6 LO n
$600 P $400 $300 $200 $100 4 2 3 1 5 6 LO n
8) 8) If the quantity of sunglasses supplied is represented by the equation O .-60 +...
8) 8) If the quantity of sunglasses supplied is represented by the equation O .-60 + 4P then the corresponding price of sunglasses is represented by the equation A) P - 150$240 B) P=0.250$ +15. C) P=OS - 7.5. D) P = 12 -0.40%. Table 4-6 Demand P = 80-OD QD80- P Supply P=50 +1/2 OS -2P - 100 S 9) Refer to Table 4-6. The equations above describe the demand and supply for Chef Emnie's Sushi-on-a-Stick. What are the...
Price Quantity Demanded Quantity Supplied $20 2400 0 $30 2000 200 $40 1600 400 $50 1200 600 $60 800 800 $70 400 1000 $80...
Price Quantity Demanded Quantity Supplied $20 2400 0 $30 2000 200 $40 1600 400 $50 1200 600 $60 800 800 $70 400 1000 $80 0 1200 Refer to the above table. Suppose the government imposes a price floor of $30 on this market. What will be the size of the surplus in this market? A. 0 units B. 200 units C. 1800 units D. 2000 units
QUESTION 3 Figure Price Supply P K I P" P B M N Demand Quantity Refer to Figure. If the government imposes a tax size of P- P" in the above market then the area L+M+Y represents a. consumer surplus after the tax. producer surplus after the tax. Cconsumer surplus before the tax. producer surplus before the tax. QUESTION 4 4 point Figure Supply Dennd Quantity Q1 02 Q3 Q Qs Refer to Figure. If the government impose a tax...
É1,000 800 600 400 200 1 3 5 6 Quantity (thousands of apartments per month) The figure above shows the demand for and supply of rental housinng in Smallton. If a rent ceiling is set at $400, there is A) a surplus of 3,000 units of rental housing. B) a shortage of 4,000 units of rental housing. C) a shortage of 2,000 units of rental housing. D) neither a shortage nor a surplus of rental housing.
10. Which of the following statements is (are) correct? (x) The quantity equation is specified as MXV = PxY. Where P is the price level, M is the money supply V is the velocity of money. Y is real output and PX Y is nominal output. ly) The velocity of money is the calculated as the average number of times per year a dollar is spent (z) Based on the quantity equation, if P = 3.0. Y = 1,000 million,...
According to the quantity equation, if Y and M are constant and V doubles, what factor does the price level multiply 11 000,
Solve for the unknown quantity shown in the following cash flow
diagrams. The MARR is 3%
b. Hint: Try decomposing this cash flow into three simple cash
flows, one of which is a uniform gradient. Remember that there is
no cash flow in the first period of a uniform (arithmetic)
gradient.
$600 P $400 $300 $200 $100 4 2 3 1 5 6 LO n
$600 P $400 $300 $200 $100 4 2 3 1 5 6 LO n
8) 8) If the quantity of sunglasses supplied is represented by the equation O .-60 + 4P then the corresponding price of sunglasses is represented by the equation A) P - 150$240 B) P=0.250$ +15. C) P=OS - 7.5. D) P = 12 -0.40%. Table 4-6 Demand P = 80-OD QD80- P Supply P=50 +1/2 OS -2P - 100 S 9) Refer to Table 4-6. The equations above describe the demand and supply for Chef Emnie's Sushi-on-a-Stick. What are the...
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