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Slide 1 ECN 211 Review #4 Slide 2 Q1) If the money supply is $300, the price level is $5 and real GDP equals $600 then the velocity of circulation is___ and nominal GDP is_________.…
ECN 211 Review #4 Q1) If the money supply is $300, the price level is $5 and real GDP equals $600 then the velocity of circulation is___ and nominal GDP is_________. A) 5,…