Consider nominal gdp is 1500 and the money supply is 400. instructions: enter numerical values to two decimal places. a) what is the velocity? v = 3.75 b) if nominal gdp rises to 1600, but the money supply does not change, how has velocity changed? velocity will (increase/decrease) increases by 4-3.75 to v = 0.25 c) if gdp now falls back to 1500 and the money supply falls to 350, what is velocity? v = 4.29

Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1