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    Exam 15: Monetary Theory and Policy.
  5. Question
    If the Velocity of Money Is 4 and Money Supply
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If the Velocity of Money Is 4 and Money Supply

Question 182

Question 182

Multiple Choice

If the velocity of money is 4 and money supply is $500, then nominal GDP is _____


A) $1.
B) $10.
C) $100.
D) $1,000.
E) $2,000.

Correct Answer:

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