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USA 2008 M2 $7,765 Billion Real GDP, base year $14,834 2009 Billion Price level, base year 0.99 2009 Note: Price level = GDP deflator/100 Refer

USA 2008 M2 $7,765 Billion Real GDP, base year $14,834 2009 Billion Price level, base year 0.99 2009 Note: Price level = GDP deflator/100 Refer to the table above. calculate the velocity of M2 in 2008. Round the the nearest 10th. O 1.9 O 2.0 O 0.5 0 5

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