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    If the Money Supply in an Economy Is $300,the Price
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If the Money Supply in an Economy Is $300,the Price

Question 126

Question 126

Multiple Choice

If the money supply in an economy is $300,the price level is $4,and real GDP is $1,500,what is the nominal value of output?


A) $1,200
B) $4,500
C) $6,000
D) $180,000
E) $500

Correct Answer:

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