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    If Income Is $60 Billion, the Price Level Is 6
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If Income Is $60 Billion, the Price Level Is 6

Question 202

Question 202

Multiple Choice

If income is $60 billion, the price level is 6, and the stock of money is $36 billion, what is the velocity of money?


A) 2.4
B) 3.6
C) 10
D) 36

Correct Answer:

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