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How do you calculate the fraction of nominal GDP which is being held as money? To further elaborate on my question, if M2 is 3000
How do you calculate the fraction of nominal GDP which is being held as money?
To further elaborate on my question,
if M2 is 3000 and Nominal GDP is 6000 which makes the velocity 2
what is the fraction of nominal GDP which is being held as money in the case above?
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