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    (Scenario: the Quantity Theory of Money)Refer to Scenario: the Quantity
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(Scenario: the Quantity Theory of Money)Refer to Scenario: the Quantity

Question 147

Question 147

Multiple Choice

(Scenario: The Quantity Theory of Money) Refer to Scenario: The Quantity Theory of Money.If the aggregate price level is 4,then the nominal GDP is:


A) $15 billion.
B) $60 billion.
C) $20 billion.
D) $10 billion.

Correct Answer:

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