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    Macroeconomics Principles Study Set 1
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    Exam 13: Monetary Policy
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    A Nominal GDP of $265 Billion and an M1 of $12
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A Nominal GDP of $265 Billion and an M1 of $12

Question 73

Question 73

Multiple Choice

A nominal GDP of $265 billion and an M1 of $12 billion results in a velocity of


A) 22.08.
B) 253.
C) 0.277.
D) 3,108.

Correct Answer:

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