0
Using the formula MV=PQ, and understanding that PQ is just nominal GDP for a nation, explains this. The internet accelerates the velocity of money, since money can be transferred more easily electronically. Therefore, assuming M is constant, an increase in V leads to an increase in nominal GDP.
What else can I help you with?
Is Economic optimization is futile?
it is often impossible to optain precise information about the pattern of future revenues costs and interest rates. therefore, the process of economic optimization is futile. discuss the statement.
Communication of economic events is the part of the accounting process that involves?
Communication of economic events is the part of the accounting process that involves what
The accounting process is concerned with internal and external transactions representing economic events?
The accounting process is concerned with both: internal and external transactions representing economic events.
What is the first thing you should do in conducting an economic analysis?
The first step in the process of conducting an economic analysis is to identify appropriate economic indicators for specific economic forecasts or trends.
What role does saving play in the economic growth process?
Saving play in the process of economic growth reduces poverty in an economy and improves the standards of living.
Is Economic optimization is futile?
it is often impossible to optain precise information about the pattern of future revenues costs and interest rates. therefore, the process of economic optimization is futile. discuss the statement.
Discuss classification of data processing?
Discuss the Normalization Process.
Discuss any three articulation which are also assimilatory process in English?
Discuss any three articulation which are also assimilatory process in English?
Discuss the Impact of currency deregulation in a national export process and procedure?
discuss the impact of deregulation?
How do enzyme factors affect enzyme activity?
Ph level accelerates enzymes and temperature slows the process down
What is kiln seasoning?
Kiln seasoning is the most effective commercial process for drying wood. It accelerates the moisture-removal process through the use of external energy.
Discuss the communication process?
the bussiness communication is a process of sending and resive to fet a feeback
What is the substance of a chemical reaction that accelerates?
A substance that accelerates a chemical reaction is called a catalyst. Catalysts work by lowering the activation energy needed for a reaction to occur, which speeds up the reaction without being consumed in the process.
What causes things to rust?
Water. Salt accelerates the process. To stop things rusting keep it dry of use paint or grease.
Communication of economic events is the part of the accounting process that involves?
Communication of economic events is the part of the accounting process that involves what
How much the citizen process cost?
The US government process is free of charge, but if you hire an attorney to assist you, you will have to discuss their fee with them.
Is water the number one cause of rust?
The number one cause of rust is oxygen. Water accelerates the process but it can't happen without oxygen.
