GDP is $2470 billion and the velocity of money is 13, how much is the the money supply, or MI? ***You just need to put the number in your answer, no units or commas. Round your answer to the nearest whole number. Do not put in the extra zeros for the billions*** Answer:

Economics:
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ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter14: Macroeconomic Policy: Tradeoffs, Expectations, Credibility, And Sources Of Business Cycles
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GDP is $2470 billion and the velocity of money is 13, how much is the the money supply, or MI?
***You just need to put the number in your answer, no units or commas. Round your answer to the nearest whole number. Do not put in the extra zeros
for the billions.***
Answer:
Transcribed Image Text:GDP is $2470 billion and the velocity of money is 13, how much is the the money supply, or MI? ***You just need to put the number in your answer, no units or commas. Round your answer to the nearest whole number. Do not put in the extra zeros for the billions.*** Answer:
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