Real GDP is $20 trillion, the quantity of money is $10 trillion, and the velocity of circulation is 4. What is the price level? The price level is ____ Thank you!!

Survey of Economics (MindTap Course List)
9th Edition
ISBN:9781305260948
Author:Irvin B. Tucker
Publisher:Irvin B. Tucker
Chapter14: Aggregate Demand And Supply
Section14.A: Cost-push And Demand-pull Inflation Revisited
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Real GDP is $20 trillion, the quantity of money is $10 trillion, and the velocity of circulation is 4. What is the price level? The price level is ____

Thank

you!!

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