Continuing with the preceding question, note that the monetary value of output in 1985 was$4,010billion in the
Question:
Continuing with the preceding question, note that the monetary value of output in 1985 was$4,010billion in the United States and 1,418 billion cruzados in Brazil. Refer back to question 3 and calculate velocity for the two countries in 1985. Why do you think velocity was so much higher in Brazil?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
Velocity is defined as real income divided by real balanc...View the full answer
Answered By
Antony Sang
I am a research and academic writer whose work is outstanding. I always have my customer's interests at heart. Time is an important factor in our day to day life so I am always time conscious. Plagiarism has never been my thing whatsoever. I give best Research Papers, Computer science and IT papers, Lab reports, Law, programming, Term papers, English and literature, History, Math, Accounting, Business Studies, Finance, Economics, Business Management, Chemistry, Biology, Physics, Anthropology, Sociology, Psychology, Nutrition, Creative Writing, Health Care, Nursing, and Articles.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
International Economics Theory and Policy
ISBN: 978-0273754206
9th Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
Question Posted:
Students also viewed these Economics questions
-
Why do you think Americans use so many legal drugs (for example, alcohol, tobacco, and OTC drugs)? Does our society promote extensive drug use? In reviewing the three broad explanations of addiction ...
-
Why do you think Dell lagged so far behind H-P in tapping into retail markets?
-
Why do you think there is so much government corruption in some developing countries?
-
What are some techniques of good writers? Which ones do you use regularly?
-
Let x1, x2, and x3 be distinct real numbers such that x1 (a) Show that T is a linear transformation. (b) Show that T is one-to-one. (c) Verify that if a1, a2, and a3 are any real numbers, then Where...
-
Calculate the velocity of water that would be required to fluidize spherical particles with $S G=1.6$ and a diameter of $1.5 \mathrm{~mm}$, in a tube with a diameter of $10 \mathrm{~mm}$. Also,...
-
Two rivers merge to form a larger river as shown in Fig. P5.19. At a location downstream from the junction (before the two streams completely merge), the nonuniform velocity profile is as shown and...
-
Jessica Corporation has identified the following overhead costs and cost drivers for the coming year: The following information was collected on three jobs that were completed during the year:...
-
Match each definition with its related term by selecting the appropriate term in the dropdown provided. 1. Actual Accounting System Term 2. Direct Labor Efficiency Variance 3. Direct Labor Rate...
-
Bantam Eggs 2019 balance sheet showed net fixed assets of $3.82 million, and the 2020 balance sheet showed net fixed assets of $4.63 million. The companys 2020 income statement showed a depreciation...
-
Between 1984 and 1985, the money supply in the United States increased to $641.0billion from $570.3billion, while that of Brazil increased to 106.1 billion cruzados from 24.4 billion. Over the same...
-
In our discussion of short-run exchange rate overshooting, we assumed that real output was given. Assume instead that an increase in the money supply raises real output in the short run (an...
-
Find an example of an advertisement that you feel uses an inappropriate appeal and/or execution style. What type of appeal or creative execution do you feel would be more appropriate?
-
Why would a grantor not permit general municipal overhead to be charged to a capital project financed by its grant or insist that allowable ( reimbursable ) overhead be calculated by means of a...
-
Jaxons has total revenue of $418,300, earnings before interest and taxes of $102,600, depreciation of $59,200, and a tax rate of 30 percent. The firm is all-equity financed with 15,000 shares...
-
Why is the level of collaboration intelligence low from a traditional healer?
-
QUESTION: 1. Can Costco gain a competitive advantage by diversifying its business and entering the health and insurance industry? 2. If so, does the health and insurance industry align with Costco's...
-
Out of the 6 building blocks of intelligence mentioned in the reading, which building block would help leaders the most and why?
-
In what ways does the practice of business-to-business marketing research differ from consumer marketing research?
-
According to a New York Times columnist, The estate tax affects a surprisingly small number of people. In 2003, . . . just 1.25 percent of all deaths resulted in taxable estates, with most of them...
-
It is possible to replace an old-fashioned thermostat with a device that can be controlled through a smart phone, without making any other changes to the heating system. Explain this by using the...
-
What items do you own or routinely consume that are produced abroad? From what countries do these items come? Suppose Americans decided to buy fewer of these things. How would that affect the...
-
If the dollar appreciates relative to the euro, will the German camera you have wanted become more or less expensive? What effect do you imagine this change will have on American demand for German...
-
How are the problems of a country faced with a balance of payments deficit similar to those posed by a government regulation that holds the price of milk above the equilibrium level?
-
Higgins Company began operations last year. You are a member of the management team investigating expansion ideas that will require borrowing funds from banks. On January 1 , the start of the current...
-
On April 1, 2021, Windsor, Inc. purchased $615,000 of 6% bonds for $639,225 plus accrued interest as an available-for-sale security. Interest is paid on July 1 and January 1 and the bonds mature on...
-
Use the graphical method for linear programming to find the optimal solution for the following problem. Minimize C=3x+15y subject to 2x + 4y 12 5x + 2y 10 and x 0, y 0.
Study smarter with the SolutionInn App