In the equation of exchange, if the money supply is $3 billion, the price level is 2, and the real GDP is $6 billion, the velocity is
A) 1.
B) 2.
C) 4.
D) 36.
C
Economics
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Insurance companies offer only unfair insurance because
A) they are run by greedy capitalists. B) they can fool customers into buying it. C) they have operating costs. D) their risks are positively correlated.
Economics
If Tom wants to not be hit, what strategy could he follow
a. Threaten to not tell b. Always not tell c. Threaten to tell d. All of the above
Economics