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If GDP is $12,000 and velocity is 4, the money supply is a. $27,000. b. $12,000. c. $4,000. d. $3,000. e. There is not enough information provided to answer this question.
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If GDP is $12,000 and velocity is 4, the money supply is

a. $27,000.
b. $12,000.
c. $4,000.
d. $3,000.
e. There is not enough information provided to answer this question.

User Javier Villanueva
by
8.4k points

1 Answer

0 votes
The correct answer is D)
User Benck
by
8.6k points
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