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    Macroeconomics A Contemporary Introduction Study Set 1
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    Exam 15: Monetary Theory and Policy
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    If the Money Supply Is $600,the Price Level Is $2,and
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If the Money Supply Is $600,the Price Level Is $2,and

Question 77

Question 77

Multiple Choice

If the money supply is $600,the price level is $2,and real GDP is $300,the velocity of money is _____.


A) 1
B) 150
C) 300
D) 600
E) 1,200

Correct Answer:

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