内容提示: Real GDP versus Money GDPReal GDP versus Money GDP( (实际实际GDPGDP和名义和名义GDP)GDP)Money GDP/Nominal GDP(Money GDP/Nominal GDP(名义values the production of goods and values the production of goods and services at services at current prices(current prices( 以现价Real GDP(Real ...
A. an increase in the supply of money and a decrease in the velocity of money B. a decrease in the supply of money and an increase in the velocity of money C. the inverse relationship between the supply of money and nominal GDP D. deficit financing which increases interest rates and red...
The relationship between money supply and the GDP depends on the short-term or long-term view of the economy. The nominal GDP tends to rise with the money supply. Real GDP, also referred to as "constant price," "inflation-corrected," or "constant-dollar GDP," is an inflation-adjusted me...
GDP deflator is based on the prices of various final products in a country. It’s nominal GDP in actual current prices divided by real GDP measured in prices of a base year The virtues of that is that it has a wide coverage which can be used to measure the impact of change of pric...
A. positively related to nominal GDP and to the level of interest rates available onother financial assets. B. negatively related to nominal GDP and to the level of interest rates available on other financial assets. C. positively related to nominal GDP and negatively related to the level of ...
Moneyisthesetofassetsinaneconomythatpeopleregularlyusetobuygoodsandservicesfromotherpeople.THECLASSICALTHEORYOFINFLATION Inflationisanincreaseintheoveralllevelofprices. Hyperinflationisanextraordinarilyhighrateofinflation.THECLASSICALTHEORYOFINFLATION Inflation:HistoricalAspects Overthepast60years,priceshaverisenonaverage...
Assume that nominal gross domestic product (GDP) is 10 trillion and the money supply is 5 trillion. What is the velocity of money() A. 5x. B. 50x. C. 2x. 相关知识点: 试题来源: 解析 C According to the quantity theory of money, velocity = GDP/money supply. Hence, V = 10/5...
. If nominal GDP is 400, real GDP is 200, and the money supply is $100, thenA.the pri
KoreaKalman filterNominal and real macroeconomic variables are traditionally linked by the expectational Phillips curve. There is evidence that changes in employment and output rdoi:10.2139/ssrn.2046930Hlasny, VladimirSocial Science Electronic Publishing...
1 USD=6 CNY, and Mike got 200 USD as salary and you got 1200 CNY. Using a basis of GDP per capita at purchasing power parity (PPP) is more useful when comparing differences in living standards between nations. Nominal GDP and adjustments to GDP The raw GDP figure as given by different...