If M = $1,200 Billion and V = 4,then Total

question 25

Multiple Choice

If M = $1,200 billion and V = 4,then total spending is _______________billion.Then velocity falls to 2 and M rises to $2,000 billion,so that total spending is now _______________ billion,and GDP has _________________.

• A)$4,800;$4,000;declined
• B)$300;$1,000;risen
• C)$4,800;$4,000;risen
• D)$1,204;$2,002;risen

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Definitions:

Litigation Paralegals

Legal assistants who specialize in assisting lawyers during the process of litigation, including research, documentation, and preparation of case materials.

Trust

An arrangement in which property is transferred by one person (the grantor or settlor) to another (the trustee) for the benefit of a third party (the beneficiary).

Legal Arrangement

Agreements or structures established under law for managing and organizing rights, responsibilities, and relationships.

Ownership of Property

The legal right or title to possess, use, and enjoy a specified piece of land or goods.