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If Something Causes the Velocity of Money to Increase,the Same

Question 126

Multiple Choice

If something causes the velocity of money to increase,the same amount of money will


A) be able to support more transactions,so nominal GDP can increase
B) be forced to support more transactions,so nominal GDP will decrease
C) be able to support fewer transactions,so nominal GDP will decrease
D) no longer have to support so many transactions,so nominal GDP can increase
E) mean nothing can happen to nominal GDP

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