According to the equation of exchange,if GDP equals $4 trillion and the money supply equals $1 trillion,the velocity of money

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According to the equation of exchange, MV = PQ, where M represents money supply, V represents velocity of money, P represents price level, and Q represents real output (GDP). If we rearrange the equation, we get V = PQ/M. Given that GDP equals $4 trillion and the money supply equals $1 trillion, we can substitute these values into the equation to find velocity of money: V = ($4 trillion x P)/$1 trillion = 4P. Therefore, the velocity of money must be 4, regardless of the price level.

According to the Equation of Exchange,if GDP Equals $4 Trillion