If You Divide the Amount of Nominal GDP by the Stock

question 213

Multiple Choice

If you divide the amount of nominal GDP by the stock of money, you have computed the

• A)multiplier.
• B)price level.
• C)velocity of circulation.
• D)inflation rate.

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Definitions:

Levator Veli Palatine

A muscle in the oral cavity that elevates the soft palate during swallowing and speaking to prevent food from entering the nasal passages.

Soft Palate

The soft tissue constituting the back of the roof of the mouth, separating the mouth from the nasopharynx.

Middle Constrictor

A muscle that encircles the pharynx, responsible for constriction during swallowing to push food into the esophagus.

Hyoid Bone

A U-shaped bone in the neck that supports the tongue and is connected to muscles of the jaw, larynx, and pharynx.