If an economy produces 3,000 units of output with a money supply of $500 and a velocity of 9, we know the price level must be:
A) $1.50.
B) $2.
C) $4.50.
D) $9.

Name: If an economy produces 3,000 units of output with a money supply of $500 and a velocity of 9, we know the price level must be: A) $1.50. B) $2. C) $4.50. D) $9.
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The Answer of If an economy produces 3,000 units of output with a money supply of $500 and a velocity of 9, we know the price level must be:
A) $1.50.
B) $2.
C) $4.50.
D) $9.

If an Economy Produces 3,000 Units of Output with a Money