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


Related Questions

what is solution to 8x=2/3

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there should be a cross multiplication

3(8x)=2

expanding bracket

24x=2

multiple both sides by 24

x=1/12

15) Suzanne bought 3 quarts of orange juice, 4 quarts of apple juice, and 5 quarts of
water at the store. How many gallons of liquid did she buy?

Answers

Answer:

3 liquid gallons

Step-by-step explanation:

3 + 4 + 5 = 12

12 ÷ 4 = 3 liquid gallons

This angle cuts out 1/4 of the circle. Find the measure of the angle.

Answers

Answer:

90 degrees

Step-by-step explanation:

Select the most accurate statement regarding the normal distribution. Group of answer choices It is always the appropriate distribution in simulation modeling. It does not permit negative values. There is a 95% chance that values will be within ±2 standard deviations of the mean. The user must specify the maximum positive value allowed. It is obtained by the positive and negative square roots of a uniform random variable.

Answers

Answer:

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

Step-by-step explanation:

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

The Empirical Rule states that, for a normally distributed random variable:

Approximately 68% of the measures are within 1 standard deviation of the mean.

Approximately 95% of the measures are within 2 standard deviations of the mean.

Approximately 99.7% of the measures are within 3 standard deviations of the mean.

In this question:

According to the empirical rule, 95% of the measures are within 2 standard deviations of the mean. So the correct statement is:

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

85% of x is 51. Write an equation that represents the situation.

Answers

Answer:

85/100*x=51

Step-by-step explanation:

85x=5100

What is the correct equation for this phrase?
Nine less than twice a number.

Answers

Answer:

[tex]2k - 9[/tex]

Step-by-step explanation:

jsjsjsjsjjsjsksksksksksksksksksjskkwjwjwjwkw

Determine if the triangle is a right triangle.

Answers

Answer:

Yes, this is a right triangle

Step-by-step explanation:

a² + b² = c²

65² + 72² = 97²

4225 + 5184 = 9409

9409 = 9409

Since the hypotenuse equals the 2 legs, it's a right triangle

Find the surface area of the prism. 3m, 4m, 8m,5m

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Step-by-step explanation:

480 is the answer // provide picture for better answer

What is the answer please help no links I will report

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Answer:

6

Step-by-step explanation:

because its the middle number

help with math!!
Find the volume of each right rectangular prism

Answers

Answer:

7: 7.75   8: 6.98

Step-by-step explanation:

At a school carnival, 51 out of 68 tickets sold were early-admission tickets. What percentage of the tickets were early-admission tickets?

Answers

Answer:

75% of the tickets sold were early-admission

Simplily divide 51/68

PLEASE HELPP!!!!

Please find the areas of these shape

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The answer of the First one is 76

BRAINLIEST!!! find the probability for numbers 11 and 13 please

Answers

Answer: probability of 11 = 5.56% probability of 13 = 52

Step-by-step explanation:

A class consists of 1/2 freshmen, 1/8 sophomores, and 1/8 juniors; the rest are seniors. What fraction of the class is seniors?

Answers

Answer:

2/8 are seniors

Step-by-step explanation:

one half = 4/8

4/8 + 1/8 + 1/8 = 6/8.

What's left is 2/8

1. Write an integer that can
represent 200 years ago?


Answers

200 ??

200 is an integer

or 20

or 2

Write 2.83 as a mixed number and as an improper fraction.
Do not try to simplify your answers.


Answers

Answer:

Mixed number: [tex]2\frac{83}{100}[/tex]

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

Answer:

[tex]\frac{238}{100}\\\\2\frac{38}{100}[/tex]

Step-by-step explanation:

2.83/1

To make this a normal fraction, the top has to be a whole number, so we can multiply the top and bottom by 100 to slide the decimal point twice.

238/100

This can be shown as a mixed number by removing the 200 which is divisible by 100

[tex]2 \frac{38}{100}[/tex]

Note: The reason the question says not to simplify is because 283 is a prime and cannot be simplified

The sales rate is 8%. If Janelle buys a gymnastics mat priced at $87 , how much tax will she pay?

Answers

Answer: $6.96

Step-by-step explanation:

To find out what 8% of $87 is, you have to convert the 8% into decimal form which is 0.08. Then you have to multiply  that by $87

87*0.08 = 6.96

Now, we know $6.96 is 8% of $87 which is how much she will be paying in tax

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​

Answers

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:

78/13 = X

6 = X

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help please it needs to be don by 4:00​

Answers

1: x=1
2: (1,-4)
3: min
4: -3
5: -1 and 3
6: all real numbers
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those are all i can do for now hope they help

I will give Brainliest answer!

What is the volume of the cylinder below? write your answer in terms of pie.

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Answers

Answer:

414π

Step-by-step explanation:

Volume of a cylinder = area of circle/ cross-section x height

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Answer:

1300.61936 cm

Step-by-step explanation:

:))

⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️HELP HELP HELP HELP - A triangle has side lengths of 7, 23, and 25. Is the triangle a right triangle? *
Yes, the triangle is a right triangle.
No, the triangle is not a right triangle.
There is not enough information to tell if the triangle is a right triangle.

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

25^2 = 625

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

PLEASE MARK AS BRAINLIEST

Pricilla makes a profit of $24.50 on every scarf she sells the materials for each scarf cost
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32.89 should be the answer if I’m reading your question right

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Answer:

No, the sample is too small compared to the size of the shipment.

Step-by-step explanation:

The length of one rectangle is 3 1/2 mm with a width of 2 4/5 mm . What is the area of the rectangle?

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Answer:

9.8

Step-by-step explanation:

The rabbit population at the city park increases by 14% per year. If there are intially 481 rabbits in the city park.

Write a model for the population (y) in terms of years (t).
y =

Find the population in 17 years.

Answers

Answer:

y = 0.14t + 481

Population in 17 years: 483.38

Step-by-step explanation:

y = (m) (x) + b

y = (slope) (x) + starting value

guys someon about to comit u know what so go to this link and help out
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Answer:

Is this called

BRAINLIEST WHO EVER ANSWERS FIRST !!!!!!I need someone to talk too! Please if anyone is willing to talk to me, I will give brainiest!

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A tropism (from Greek τρόπος, tropos, "a turning") is a biological phenomenon, indicating growth or turning movement of a biological organism, usually a plant, in response to an environmental sti

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Answers

Answer:

Your answer is A <3

Step-by-step explanation:

Answer:

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

Find the area of the equilateral triangle to the nearest hundredth, given the radius.

Answers

9514 1404 393

Answer:

  20.78 square units

Step-by-step explanation:

The area of a regular polygon of radius r and number of sides n is given by ...

  A = (n/2)r²sin(360°/n)

For this regular 3-gon of radius 4, the area is ...

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Answer:

yes they both equal 1

Step-by-step explanation:

if 40% percent is a number of 35 what is 50% of that number

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Answer:

what is 50% of 35?

Answer is 17.5.

Step-by-step explanation:

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