If the velocity of money is 6 and the money supply is $4 trillion, then nominal GDP is

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If the velocity of money is 6 and the money supply is $4 trillion, then nominal GDP is

If the velocity of money is 6 and the money supply is $4 trillion, then nominal GDP is

▸ $24 trillion.

▸ $2 trillion.

▸ $1.5 trillion.

▸ $0.667 trillion.

Textbook

Macroeconomics: Principles, Applications and Tools

Edition: 7^th

Authors: O'Sullivan, Sheffrin, Perez

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liljay Author

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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