If k is 0.5 and T is 200, what is the velocity of money?
400
100
2
0.5
The velocity is 2 because velocity is given by the inverse of k
If the amount of transactions that have taken place is Rs. 200, and k is 0.5, what is total money demand owing to the transaction motive?
Raju covers a distance of 40π meters in a circular shaped track. What is the area enclosed by the track (in m2)?
If the demand curve is p =20 - 0.5q, what is the total revenue at an output level of 20 units?