If GDP = $900 Billion and the Public Holds $300

question 133

Multiple Choice

If GDP = $900 billion and the public holds $300 billion in M2, then the velocity of the M2 money supply is

• A)1.
• B)2.
• C)3.
• D)4.

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Medical Use

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Fingernail-Sized

A descriptive term indicating something very small, roughly the size of a human fingernail.

Treble Damages

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The unauthorized use, sale, or manufacturing of a patent-protected invention without permission.