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Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772 Exercise 9
Suppose that the money supply is $1 trillion and money velocity is 4. Then the equation of exchange would predict nominal GDP to be:
A) $1 trillion.
B) $4 trillion.
C) $5 trillion.
D) $8 trillion.
A) $1 trillion.
B) $4 trillion.
C) $5 trillion.
D) $8 trillion.
Explanation
Verified
Verified
All the other options are inco...
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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