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    Economics-Macroeconomics
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    Exam 8: Money, the Price Level, and Inflation
  5. Question
    Suppose That M = 300, P = 150, and Y
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Suppose That M = 300, P = 150, and Y

Question 63

Question 63

Multiple Choice

Suppose that M = 300, P = 150, and Y = 6. Then the velocity of circulation equals


A) 0.02.
B) 0.50.
C) 2.00.
D) 3.00.

Correct Answer:

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