If M = 4,000, P = 1

question 238

Multiple Choice

If M = 4,000, P = 1.5, and Y= 6,000, what is velocity?

• A)2.25
• B)3.00
• C)6.50
• D)None of the above is correct.

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Companies or businesses that are currently in operation within a particular market or industry.

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Expenses that do not change with the level of output or sales in the short term, such as rent, salaries, and insurance.

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