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In 2003, the United Kingdom was at full employment.Nominal GDP was 900 billion, the nominal interest rate 8% per year, the price level was 130,
In 2003, the United Kingdom was at full employment.Nominal GDP was 900 billion, the nominal interest rate 8% per year, the price level was 130, and the velocity of circulation was constant at 2.What was the quantity of money in the United Kingdom.
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