If the Velocity of Money Is 5, Real GDP Is

question 57

Multiple Choice

If the velocity of money is 5, real GDP is 200 and the money supply is 120, what are average prices?

• A) 0.3
• B) 12
• C) 3.0
• D) 1.2
• E) 8.3

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Definitions:

Plant Dyes

Natural dyes derived from plants, used for coloring fabrics, foods, and other materials, often with traditional techniques.

Insect And Fish Dyes

Natural dyes derived from insects, such as cochineal for red color, or fish, used historically for textile dyeing and in art materials.

Printmakers

Artists specialized in creating artworks through the process of printmaking, including techniques like etching, engraving, lithography, and screen printing.

Ando Hiroshige

A prominent Japanese ukiyo-e artist of the Edo period known for his landscapes, especially the series "The Fifty-three Stations of the Tokaido."