Real GDP Is $2,000 Billion,the Price Level Is 120,and the Velocity

question 77

Multiple Choice

Real GDP is $2,000 billion,the price level is 120,and the velocity of circulation is 5.Nominal GDP is

• A)$24 billion.
• B)$600 billion.
• C)$2,000 billion.
• D)$2,400 billion.
• E)$166.67 billion.

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