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If the amount of money in circulation is $66 million and nominal GDP is $132 million, what is the velocity of money? a. 6 b.

If the amount of money in circulation is $66 million and nominal GDP is $132 million, what is the velocity of money? a. 6 b. 66 c. 0.5 d. 2Which interest rate is used when paying interest on money the chartered banks deposit at the Bank of Canada? a. the prime rate b. the bank rate c. the overnight interest rate d. the bankers' deposit rate

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