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

Question 53

Question 53

Multiple Choice

If the velocity of money is 5.7 and money supply is $3.25 trillion, then nominal GDP is _____


A) $1.3 trillion.
B) $3.25 trillion.
C) $18.6 trillion.
D) $20.8 trillion.
E) $50 trillion.

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