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  3. Study Set
    Money Banking and Financial Markets
  4. Exam
    Exam 19: Quantity Theory, inflation and the Demand for Money
  5. Question
    The Velocity of Money Is Defined as
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The Velocity of Money Is Defined as

Question 40

Question 40

Multiple Choice

The velocity of money is defined as


A) real GDP divided by the money supply.
B) nominal GDP divided by the money supply.
C) real GDP times the money supply.
D) nominal GDP times the money supply.

Correct Answer:

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