Question
The following information was gathered for the XYZ economy: velocity of money= 3.9 times; average price level = $80; and real output = 6, 719
The following information was gathered for the XYZ economy: velocity of money= 3.9 times; average price level = $80; and real output = 6, 719 units. What is the nominal GDP for the XYZ economy?
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International Business
Authors: Michael Czinkota, Iikka A. Ronkainen, Michael H. Moffett
8th edition
470530658, 470530650, 978-0470530658
