If Annual GDP Is $100 Billion and the MS Is

question 97

Multiple Choice

If annual GDP is $100 billion and the MS is $20 billion, the velocity of money (VM) is ________.

• A) 2
• B) 5
• C) 20
• D) 50

---

Definitions:

Intellectual Capacities

The mental abilities and cognitive powers of an individual, including reasoning, problem-solving, and understanding complex ideas.

Genetic Influence

Genetic influence refers to the impact that one's genes have on their traits and behaviors.

Educational Experiences

Refers to the encounters and activities that contribute to learning, skill development, and knowledge acquisition in formal and informal settings.

Social-cultural Influence

The impact of societal and cultural factors on individual behavior, beliefs, and attitudes.