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In the Figure Given Below Panel a Represents Money Market

Question 30

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In the figure given below panel A represents money market equilibrium, panel B represents investment demand, and panel C represents equilibrium real GDP. Figure 13.3 In the figure given below panel A represents money market equilibrium, panel B represents investment demand, and panel C represents equilibrium real GDP. Figure 13.3   Assume the economy is in equilibrium as illustrated by Figure 13.3.Based on the equation of exchange, what is the velocity of money? A) 10 B) 6 C) 5 D) 20 E) 2 Assume the economy is in equilibrium as illustrated by Figure 13.3.Based on the equation of exchange, what is the velocity of money?


A) 10
B) 6
C) 5
D) 20
E) 2

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