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NYC NYC
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8 years ago
The velocity of money is 5. If nominal GDP is $1,500 billion then the stock of money is
A) $7,500 billion.
B) $2,500 billion.
C) $300 billion.
D) $500 billion.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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8 years ago
Perfect answer, thank you
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