Use the equation of alternate, calculate the value of real output (Q), or real transactions (T) in an economic system the place M=$200 billion, V=2.four and P=1.2?If the value of full employment output (Q) or real transactions (T) in the economic system above is $451 billion, calculate the change in the cash provide (M) wanted by the Fed to convey this economic system to full employment output if V=2.5 throughout the financial booms. Assume that there isn’t any improve in the value stage when the economic system reaches full employment.

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