In 2009, nominal GDP was $14,050 billion and M1 was $1,587 billion. Velocity was

A. 0.11.
B. 8.85.
C. 11.30.
D. 14.25.

Answer: C

Economics

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To evaluate the potential impact of introducing the hybrid Prius auto into the U.S. market, Toyota Motor Corporation would use:

A. normative economic analysis. B. positive economic analysis. C. forensic analysis. D. negative economic analysis.

Economics

When the ____________establishes new regulations, the cost of production can be affected.

Fill in the blank(s) with the appropriate word(s).

Economics