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    Principles of Macroeconomics Study Set 7
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    Exam 9: The Money Market and Monetary Policy
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    Suppose That in a Particular Economy,M = 200,P = 2,Q
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Suppose That in a Particular Economy,M = 200,P = 2,Q

Question 130

Question 130

Multiple Choice

Suppose that in a particular economy,M = 200,P = 2,Q = 500,V = 5.What is the value of nominal GDP?


A) 200.
B) 400.
C) 500.
D) 1,000.

Correct Answer:

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