In 2003​, the Canadian economy was close to full employment.   Real GDP was $1,000 billion.   The nominal interest rate was 4.0 percent a​ year, the inflation rate was 3.0 percent a year, the price level was 1.20​, and the velocity of circulation was 8.00.   What was the quantity of money in Canada​? In 2003​, the quantity of money in Canada is $ billion.

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