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In the Second Quarter of 1995, the Following Values Were

Question 50

Multiple Choice

In the second quarter of 1995, the following values were observed: real GDP = 4,359.3 billion; GDP deflator = 325.1; and M1 = 989.5. What is the value of velocity?


A) 32.51
B) 24.31
C) 14.32
D) 2.31

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