Velocity is calculated as nominal GDP/money stock

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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The opportunity cost of something is the nominal price paid for the product

Indicate whether the statement is true or false

Economics

The pollution created when coal is burned by utilities to generate electricity is an example of ________

A) a marginal benefit to coal producers B) a welfare cost C) an external cost D) a cost paid by the utilities

Economics