A Nominal GDP Rule Says _____ Should Always Grow at a Constant

question 90

Multiple Choice

A nominal GDP rule says _____ should always grow at a constant rate.

• A) M
• B) Mv
• C) P
• D) Y_R

---

Definitions:

Mailing Days

The days that are considered when calculating the time it will take for mail and packages to be delivered.

Bank Deposit

Money placed into a banking institution for safekeeping, which can earn interest depending on the type of account.

Weighted Average Float

Weighted average float refers to the average time between when a check is deposited in a bank and when the funds are made available, weighted by the value of each check.

Clearing Times

The period it takes for a transaction to be processed, confirmed, and settled between buyer and seller in the financial markets.