Suppose that this year's money supply is $50 billion, nominal GDP is $1 trillion, and real GDP is $500 billion. What is the price level? What is the velocity of money? Suppose that velocity is constant and the economy's output of goods and services rises by 5 percent each year.
Siouxsie: Well, G, we suspect that your cat has fleas. And hereâs why. Thomas: Tiny blood spots in wet places are a key indicator of the presence of fleas. These nasty little parasites feed off your catâs blood, and when they poop, they poop out that dried blood. Dahlia: Flea dirt looks like little black specks when itâs dry, but when itâs wet it turns a rusty-red or blood color. Siouxsie: Fleas are not always obvious. Theyâre really good at hiding under your catâs fur, so you wonât necessarily see them crawling around on your cat unless the poor thing is really infested.
Adult flea beetles are small and shiny. When disturbed, they jump. The western cabbage flea beetle, pale-striped flea beetle and western potato flea beetle are the most damaging species. They eat small holes in leaves and, during heavy infestations, the plant's growth is greatly reduced and it may die.