If Income Is $40 Billion, the Price Level Is 10

question 221

Multiple Choice

If income is $40 billion, the price level is 10, and the stock of money is $20 billion, what is the velocity of money?

• A) 0.8
• B) 5
• C) 8
• D) 20

---

Definitions:

Comments

Notes or annotations added to documents, spreadsheets, or code, intended for review, clarification, or discussion without altering the original content.

ActiveX Text Box

A component used in Microsoft environments allowing users to input text into a form or interface.

Record Macro Button

A feature in software applications that allows users to record a sequence of actions to automate repetitive tasks.

Form Controls

Interactive elements, such as buttons and drop-down lists, used in forms or spreadsheets to collect user input.