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Suppose the Public Holds $200 Billion in M2 and the Velocity

Question 122

Multiple Choice

Suppose the public holds $200 billion in M2 and the velocity of the M2 money supply is 5.What is the value of GDP?


A) $500.
B) $1,000.
C) $1,500.
D) That information cannot be determined.

Correct Answer:

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