Business
Business, 20.11.2020 16:40, mawawakaiii

According to the equation of exchange, if real GDP is $2 trillion and the money supply is $0.5 trillion, the velocity of money:. A) must be 4
B) must be 1/4
C) must be 4 trillion
D) must be 1/4 trillion
E) cannot be determined unless we know the price level

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Answers: 3

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According to the equation of exchange, if real GDP is $2 trillion and the money supply is $0.5 trill...

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