It is true that __________ changes in velocity cause __________ changes in real GDP.
A) small; no
B) large; no
C) small; large
D) large; small

Name: It is true that __________ changes in velocity cause __________ changes in real GDP. A) small; no B) large; no C) small; large D) large; small
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Small changes in the velocity of money can cause large changes in real GDP because the velocity of money is a multiplier in the equation of exchange, affecting the level of economic activity significantly.

It Is True That __________ Changes in Velocity Cause __________

It Is True That Changes in Velocity Cause