subject
Business, 18.02.2020 17:47 belferfex

In the country of Orcam, the velocity of money is constant. Real GDP grows by 5 percent per year, the money stock grows by 14 percent per year, and the nominal interest rate is 11 percent.

What is the growth rate of nominal GDP?

Growth Rate of Nominal GDP = %

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 19:10
Maldonia has a comparative advantage in the production of , while lamponia has a comparative advantage in the production of . suppose that maldonia and lamponia specialize in the production of the goods in which each has a comparative advantage. after specialization, the two countries can produce a total of million pounds of lemons and million pounds of coffee.
Answers: 3
question
Business, 21.06.2019 22:20
Outstanding stock consists of 8,300 shares of cumulative 7% preferred stock with a $10 par value and 4,300 shares of common stock with a $1 par value. during the first three years of operation, the corporation declared and paid the following total cash dividends. year dividend declared 2016 $ 0 2017 $ 7,300 2018 $ 45,000 the amount of dividends paid to preferred and common shareholders in 2018 is:
Answers: 2
question
Business, 22.06.2019 01:50
Which statement below best describes george waring's approach to solving the problems of water-borne illness? a. waring is going with his "gut," because he believes that instincts and emotions are the best guides for action. b. waring efficiently and thoroughly lays out the case for why the problems are too large and overwhelming to be solved: people should just move out of cities back to their farms. c. waring has gathered the testimonies of people who live in densely populated areas in order to learn how they themselves have solved their problems. d. waring exhibits the industrial age's increased respect for and reliance on science and the scientific method.
Answers: 1
question
Business, 22.06.2019 13:10
Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock
Answers: 1
You know the right answer?
In the country of Orcam, the velocity of money is constant. Real GDP grows by 5 percent per year, th...
Questions
question
English, 01.12.2021 16:30
question
World Languages, 01.12.2021 16:30
question
English, 01.12.2021 16:30
question
Mathematics, 01.12.2021 16:30
question
Mathematics, 01.12.2021 16:30
Questions on the website: 13722363