Suppose That the Stock of Money Is $250 Billion and Nominal

question 98

Multiple Choice

Suppose that the stock of money is $250 billion and nominal GDP is $2,000 billion. The velocity of money is

• A) 0.125.
• B) 6.
• C) 8.
• D) 2,250.

---

Definitions:

Student Numbers

Unique identification numbers assigned to students by educational institutions for administrative purposes and tracking.

IDs

Acronym for "identification cards," documents or cards that certify the identity of the bearer.

Trumpet

A brass musical instrument with a flared bell and a bright, penetrating tone, played by blowing into a small mouthpiece.

Topic Sentence

A sentence that expresses the main idea of a paragraph, often positioned at the beginning.