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6) MULTIPLE CHOICE (identify the one best answer below and show your calculation and reasoning): If the money supply is 10, the price level is
6) MULTIPLE CHOICE (identify the one best answer below and show your calculation and reasoning): If the money supply is 10, the price level is 2, and the real GDP is 30, what is the (equilibrium) velocity of money? a. 150 b. 600 c. 6 d. 42 e. None of the above
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