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    Exam 2: Money and the Monetary System
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    If Annual GDP Is $100 Billion and the MS Is
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If Annual GDP Is $100 Billion and the MS Is

Question 97

Question 97

Multiple Choice

If annual GDP is $100 billion and the MS is $20 billion, the velocity of money (VM) is ________.


A) 2
B) 5
C) 20
D) 50

Correct Answer:

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