Calculating Velocity Of Money
What is the velocity of money if the money supply is $2,000, the price level is $3,000, and real GDP is 4?
A
6
B
4
C
5
D
2
E
3
clep.ai501(c)(3) non-profit • UBI: 606234803 • EIN: 42-2740810clep.ai501(c)(3) non-profit • UBI: 606234803 • EIN: 42-2740810What is the velocity of money if the money supply is $2,000, the price level is $3,000, and real GDP is 4?
6
4
5
2
3