The velocity of money is equal to
A) 1/MPS.
B) nominal GDP/M.
C) 1/reserve ratio.
D) nominal GDP/P.
Correct Answer:
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Q1: Economist Milton Friedman is most closely associated
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Q4: The velocity of money is equal to
A)1/MPS.
B)1/reserve
Q6: Answer the question on the basis of
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