If Nominal GDP Is $1200 Billion and M2 Is $150

question 41

Multiple Choice

If nominal GDP is $1200 billion and M2 is $150 billion,what is velocity?

• A)0.5
• B)2
• C)4
• D)8

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Definitions:

Electrons

Negatively charged subatomic particles orbiting the nucleus of an atom involved in chemical bonds and electrical conduction.

Atom

The smallest unit of ordinary matter that forms a chemical element, consisting of a nucleus surrounded by electrons.

Co

Co is the chemical symbol for cobalt, a naturally occurring element with atomic number 27, known for its magnetic properties and use in alloys.

Electrons

Negatively charged subatomic particles that orbit the nucleus of an atom and are involved in chemical bonds and electricity.