N the country of Wiknam, the velocity of money is constant. Real GDP grows by 3 percent per year, the money stock grows by 8 percent per year, and the nominal interest rate is 9 percent. What is the growth rate of nominal GDP

Nominal GDP will grow by 8%

Explanation:

Gross domestic product is defined as the total monetary value of goods and services that are produced in a country in a given period. Nominal GDP considers current prices, while real GDP is adjusted for price changes such as change due to inflation.

The formula relating money supply and nominal GDP is

Money supply* velocity of money= nominal GDP

Since velocity of money is constant, money supply is directly proportional to nominal GDP. A 8% increase in money supply will result in 8% increase in nominal GDP.

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.

3rd the reason why is because of management and leadership