given-a-money-supply-of-4-trillion-a-velocity-of-5-and-a-real-gdp-of-20-trillion

Question

Given a money supply of $4 trillion, a velocity of 5, and a real GDP of $20 trillion, what is the price level?

Accepted Answer

1

Answer

1.5

Answer

1.2

Answer

0.8

Given a money supply of \$4 trillion, a velocity of 5, and a real GDP of \$20 trillion, what is the price level?