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Problem

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question

If members of the economy wish to hold money balances equalto 5 weeks of expenditure, and all income is spent, whatwill be the desired level of money balances when aggregateincome is $1,600 billion per annum?

category

economics

options

  1. $153,846 billion
  2. $307,692 billion
  3. $10,400 billion
  4. $5,000 billion
  5. $80,000 billion
  6. $160,000 billion
  7. $123,077 billion
  8. $200,000 billion
  9. $30,769 billion
  10. $1,600 billion

src

stemez-Economics

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