BuyFind

Brief Principles of Macroeconomics...

8th Edition
N. Gregory Mankiw
Publisher: Cengage Learning
ISBN: 9781337091985
BuyFind

Brief Principles of Macroeconomics...

8th Edition
N. Gregory Mankiw
Publisher: Cengage Learning
ISBN: 9781337091985

Solutions

Chapter
Section
Chapter 12, Problem 2CQQ
Textbook Problem

If nominal GDP is $400, real GDP is $200, and the money supply is $100, then

a. the price level is ½, and velocity is 2.

b. the price level is ½, and velocity is 4.

c. the price level is 2, and velocity is 2.

d. the price level is 2, and velocity is 4.

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Chapter 12 Solutions

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