Suppose that the money supply is $800 billion. If the velocity of money were only to change by .2 percent (without a change in the money supply) how much of a change should that elicit in nominal GDP?

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The Answer of Suppose that the money supply is $800 billion. If the velocity of money were only to change by .2 percent (without a change in the money supply) how much of a change should that elicit in nominal GDP?

Suppose That the Money Supply Is $800 Billion