During the 2008 financial crisis velocity decreased. This means that the rate at which money changed hands increased. Other things the same, an increase in velocity increases the price level. increased. Other things the same, an increase in velocity decreases the price level. decreased. Other things the same, a decrease in velocity increases the price level. dererease things the same, a decrease in velocity decreases the price level.

Question 2 If a bank with a required reserve ratio of 15 percent receives a deposit of \( \$ 600 \), it now has a \( \$ 600 \) increase in excess reserves and no increase in required reserves. \( \$ 600 \) increase in required reserves and no increase in excess reserves. \( \$ 90 \) increase in excess reserves and a \( \$ 510 \) increase in required reserves. \( \$ 510 \) increase in excess reserves and a \( \$ 90 \) increase in required reserves.

Lin's father is paying for a \( \$ 20 \) meal. He has a \( 15 \% \) off coupon for the meal. After the discount, a \( 7 \% \) sales tax is applied. What does Lin's father pay for the meal? Show your explanation/reasoning using the sketchpad.

What is the likely outcome in a market when supply exceeds demand for a product, leading to surpluses? The product will become scarce, leading to a shortage in the market. Businesses may lower prices and run sales or promotions to encourage more purchases. Prices are likely to increase as businesses respond to the excess supply. Prices will remain stable, and demand will catch up with supply over time.

The principle of monetary neutrality implies that an increase in the money supply will increase the price level, but not real GDP. real GDP, but not the price level. neither the price level nor real GDP. real GDP and the price level.

20 Klubben betalar 57500 kr under ett år i ränta på ett lån. Räntesatsen är \( 5 \% \). Hur stort är lănet?