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If the money supply is $250 billion and nominal GDP is $1 trillion, the velocity of money is:

If the money supply is $250 billion and nominal GDP is $1 trillion, the velocity of money is:
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If the money supply is $250 billion and nominal GDP is $1 trillion, the velocity of money is:

User Jarwin
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1 Answer

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To get velocity we divide the GDP by the money supply
so 1,000,000,000,000/250,000,000,000 = 4
User Toldry
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