jasminemora4
01.04.2020 •
Business
Suppose that velocity is 3 and the money supply is $600 million. According to the quantity theory of money, nominal output equals?
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Ответ:
$1,800 million
Explanation:
According to the quantity theory of money , velocity = nominal output / money supply
If velocity is 3 and money supply is $600 million, nominal output = $1,800 million .
I hope my answer helps you
Ответ: