Velocity in the Country of Nemedia Is Always Stable

question 64

Multiple Choice

Velocity in the country of Nemedia is always stable.In 2014,the money supply was $100 billion and real GDP was $300 billion.In 2015,the money supply increased by 10 percent,real GDP increased by 5 percent,and nominal GDP equalled $660 billion.By how much did the price level increase between 2014 and 2015?

• A) 2.38 percent
• B) 4.76 percent
• C) 9.50 percent
• D) 10.0 percent

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Definitions:

Vaginismus

A condition characterized by involuntary contraction of vaginal muscles making penetration painful or impossible, often associated with anxiety and fear of vaginal penetration.

Alveoli

Tiny air sacs in the lungs where the exchange of oxygen and carbon dioxide takes place.

Areolas

The pigmented skin areas surrounding the nipples of the breast, which can vary in color and size among individuals.

Chondrocranium

The cartilaginous structure that forms the basis of the skull in vertebrates, especially during embryonic development.