Suppose That C = $700,I = $200,G = $200,NX =

question 8

Multiple Choice

Suppose that C = $700,I = $200,G = $200,NX = $100,and that the money supply is equal to $400.Based upon these assumptions,velocity is equal to ________________.If consumption and velocity both rise beyond their initial levels,then it follows that another component of spending ___________ necessarily fall.

• A)3;must
• B)3;does not
• C)4;must
• D)4;does not

---

Definitions:

Geothermal Energy

Energy derived from the natural heat of the earth, harnessed for heating, electricity production, and other uses.

Hydrogen Sulphide Gas

A toxic, flammable gas with the foul odor of rotten eggs, produced during the decay of organic matter in the absence of oxygen.

Solar Collection

The process of capturing solar energy from the sun using technologies like photovoltaic panels and solar thermal collectors for electricity or heating.

Heat Distribution

The process by which heat spreads throughout an environment or system.