Suppose nominal GDP equaled 10988 billion while the M2 money supply was 6063

Suppose nominal gdp equaled 10988 billion while the

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134.Suppose nominal GDP equaled $10,988 billion while the M2 money supply was $6,063 billion. What was the velocity of the M2 money stock?135.If the money supply is $250 billion and nominal GDP is $1 trillion, the velocity of money is:136.If the nominal GDP is $500 billion and the money supply is $100 billion, the velocity of money is:137.The average number of times per year each dollar is used to transact an exchange is known as the:138.The number of times per year each dollar is used to transact an exchange is the:139.The velocity of money is the:
140.According to the quantity theory of money, which one of the following economic variables would change in response to an increase in the money supply?141.Given the strict quantity theory of money, if the quantity of money were decreased by 50 percent, prices would:142.Given the strict quantity theory of money, if the quantity of money doubled, prices would:143.The quantity theory of money of the Classical economists says that a change in the money supply will produce a:

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