The velocity of money measures the rate of circulation of the money supply and can be expressed by the following equation (note: GDP = gross domestic product and MS = money supply) :
A) VM = GDP/MS
B) VM = MS/GDP
C) VM = MS x GDP
D) all of the above
Correct Answer:
Verified
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A) gold
B) silver
C)
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A) gold
B) silver
C)
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