In a small economy the quantity of money circulating in the
In a small economy, the quantity of money circulating in the economy is $2.5 million. Real GDP for the current year is $5 million, and the average price level is 2. What is the velocity of money?Select one:a. 5b. 4c. 2d. 2.5
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in a small economy the quantity of money circulating in the economy is 25 million real gdp for the current year is 5
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