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If the Money Supply Is R500, Real Output Is 2,500

question 50

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If the money supply is R500, real output is 2,500 units, and the average price of a unit of real output is R2, the velocity of money is 10.


Definitions:

Stem Cells

Undifferentiated cells capable of giving rise to indefinitely more cells of the same type, and from which certain other kinds of cell arise by differentiation.

Mitosis

Nuclear division mechanism that maintains the chromosome number; occurs in stages (prophase, metaphase, anaphase, and telophase). Basis of body growth, tissue repair, and (in some organisms) asexual reproduction.

Differentiation

Differentiation is the process by which cells or tissues undergo a change towards a more specialized form or function during development.

Neuroglia

Nervous system cells that assist neurons and facilitate their function in a variety of ways.

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