If GDP Is $5,000 Billion and the Velocity of the M2

question 30

Multiple Choice

If GDP is $5,000 billion and the velocity of the M2 money supply is 5, what is the amount of the public's holding in the form of M2?

• A)$500
• B)$1,000
• C)$1,500
• D)$2,000

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Definitions:

Reverse Auction

In an e-marketplace, an online auction in which a buyer communicates a need for a product or service and would-be suppliers are invited to bid in competition with each other.

E-commerce Marketspaces

Digital platforms or environments where buyers and sellers engage in commerce, trading goods and services online.

Independent Trading Community

A group or platform that allows individuals to trade goods, services, or financial instruments directly without intermediaries.

E-marketplaces

Virtual platforms where buyers and sellers meet to exchange goods, services, or information.