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    ECON Macro Principles
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    Exam 15: Monetary Theory and Policy in an Open Economy
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    Suppose the Money Supply Is $600, the Price Level Is
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Suppose the Money Supply Is $600, the Price Level Is

Question 18

Question 18

Multiple Choice

Suppose the money supply is $600, the price level is $2, and real GDP is $300.What is velocity?  


A)  1 
B)  150 
C)  300 
D)  600

Correct Answer:

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