Multiple Choice
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
Correct Answer:

Verified
Correct Answer:
Verified
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