If the money supply is $500 and nominal income is $3,000, the velocity of money is

Which of the following would be included in this year's GDP?

a. the value of a used car, at its sale price b. the value of a new domestic automobile, at its sale price c. a sale of Microsoft stock from one individual to another d. the face value of a life insurance policy paid to a woman at the death of her husband

Disposable income

A. decreases when income decreases. B. increases when saving decreases. C. decreases when net taxes decrease. D. all of the above