If Real GDP Is $9,600 Billion, Nominal Money Supply Is

question 7

Multiple Choice

If real GDP is $9,600 billion, nominal money supply is M is $5,200 billion, and income velocity of money is V = 2, what is the approximate value of the GDP-deflator?

• A)3)70
• B)1)84
• C)1)08
• D)0)92
• E)0)84

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Definitions:

Hypokalemia

A condition characterized by lower than normal levels of potassium in the bloodstream.

Multidimensional

Having several identifiable dimensions, aspects, or factors that contribute to a particular outcome or phenomenon.

Sociocultural

Relates to the combination of social and cultural factors and how they impact behaviors, practices, and thoughts.

Psychological Factors

Elements of human behavior that are influenced by the individual's mental state and can affect physical well-being and interaction with the environment.