Your dormitory, griffingate, has appointed you central banker of its economy, which deals in the currency of wizcoins. assume that the velocity of wizcoins in griffingate is constant at 10,000 transactions per year. right now, real gdp is 1,000 wizcoins, and there are 2,000 wizcoins in existence. a. what will be the value of each of the variables that make up the quantity equation? instructions: enter your answers as whole numbers. b. now indicate how the other variables will respond to each of the following scenarios, taking each case separately and assuming that velocity remains constant. instructions: enter your answers as whole numbers. (i) you increase the money supply to 4,000 and prices increase twofold. (ii) start with the initial values. real gdp drops to 500 wizcoins and the money supply remains constant. (iii) start with the initial values. prices increase threefold because of a sudden scarcity of soda, and you decide to keep the supply of wizcoins constant. (iv) start with the initial values. you increase the money supply to 5,000 wizcoins and prices rise by 350 percent.

Alandowner entered into a written agreement with a real estate broker whereby the broker would receive a commission of 10% of the sale price if he procured a "ready, willing, and able buyer" for the landowner's property and if the sale actually proceeded through closing. the broker found a buyer who agreed in writing to buy the property from the landowner for $100,000, the landowner's asking price. the buyer put up $6,000 as a down payment. the agreement between the landowner and the buyer contained a liquidated damages clause providing that, if the buyer defaulted by failing to tender the balance due of $94,000 at the closing date, damages would be 10% of the purchase price. the landowner included that clause because she was counting on using the proceeds of the sale for a business venture that would likely net her at least $10,000. the buyer became seriously ill and defaulted. when he recovered, he demanded that the landowner return his $6,000, and the landowner refused. the broker also demanded the $6,000 from the landowner and was refused. the broker and the buyer filed separate suits against the landowner, with the buyer pleading impossibility of performance. the two cases are consolidated into a single case. how should the court rule as to the disposition of the $6,000?

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

Your uncle is considering investing in a new company that will produce high quality stereo speakers. the sales price would be set at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $75.00; and fixed costs are estimated at $1,200,000. what sales volume would be required to break even, i. e., to have ebit = zero?