Multiple Choice
If an economy produces 3,000 units of output with a price level of $2 and the money supply (M) is $2,000, velocity is:
A) 2.
B) 3.
C) 67.
D) 150.
Correct Answer:
Verified
Related Questions
If an economy produces 3,000 units of output with a price level of $2 and the money supply (M) is $2,000, velocity is:
A) 2.
B) 3.
C) 67.
D) 150.
Correct Answer:
Verified