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The following information was gathered for the XYZ economy: velocity of money = 3.3 times; average price level = $90; and real output = 7,198
The following information was gathered for the XYZ economy: velocity of money = 3.3 times; average price level = $90; and real output = 7,198 units. (a) What is the nominal GDP for the XYZ economy? GDP (b). $ eTextbook and Media Save for Later Size What is the size of the money supply for the XYZ economy? (Round answer to O decimal place, e.g. 5275.) $ Attempts: 0 of 2 used MS Submit
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