If the Quantity of Output Is 200 Billion Units,actual Money

question 48

Multiple Choice

If the quantity of output is 200 billion units,actual money balances held by the nonbanking public equals $100 billion and the average price is $20 per unit of national output,then velocity is

• A)10.
• B)20.
• C)40.
• D)50.

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Definitions:

Prejudice

Preconceived opinion that is not based on reason or actual experience, often directed towards people or groups.

Cognitive Roots

Fundamental aspects or underpinnings of cognitive processes, including perception, memory, and reasoning, that influence human behavior and thinking.

Prejudice

Preconceived opinion that is not based on reason or actual experience; bias against people, places, or things.

Social

Relating to society or its organization; the interaction between individuals or groups.