Calculate the velocity of money for each of the following situations:
a.The money supply is 1000, the price level is 20 and output is 200
b.The money supply is 50, the price level is 100 and output is 20
c.The money supply is 25, the price level is 25 and output is 200
d.The money supply is 800, the price level is 2 and output is 300
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