If the Stock of Money Is $40 Billion, Velocity Is

question 77

Multiple Choice

If the stock of money is $40 billion, velocity is 3, and real output is $60 billion, what is the price level?

• A) 0.5
• B) 2
• C) 2.5
• D) 4

---

Definitions:

Endorphins

Neurotransmitters produced by the brain that act as natural painkillers and are also associated with feelings of pleasure or euphoria.

Neurotransmitters

Chemical messengers that transmit signals across a synapse from one neuron to another in the brain and nervous system.

Norepinephrine

A neurotransmitter involved in arousal and the regulation of blood pressure, mood, and sleep cycles.

Tremors

Involuntary, rhythmic muscle contractions leading to shaking movements in one or more parts of the body.