If nominal GDP is $1,000 and the money supply is $250 then money velocity is

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Chapter12: Money Growth And Intlation
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If nominal GDP is $1,000 and the money supply is $250 then money velocity is
0.25
O 0.5
2
4
$250,000
Transcribed Image Text:If nominal GDP is $1,000 and the money supply is $250 then money velocity is 0.25 O 0.5 2 4 $250,000
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