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:

Actionable Behavior

Conduct that gives sufficient legal ground for a lawsuit, identifying behaviors that can lead to legal action.

False Imprisonment

The unjustified detention or confinement of a person without legal authority or their consent.

Slander and Libel

Defamation in two forms: slander, which is spoken defamation, and libel, which is defamation in a fixed medium such as writing or broadcasting.

Indecency

Conduct deemed inappropriate or offensive in a public context, often relating to nudity, sexuality, or impropriety.