Assume that nominal gross domestic product (GDP) is $10 trillion and the money supply is $ 5 trillion. What is the velocity of money（） -题库考试答案搜索网

Assume that nominal gross domestic product (GDP) is $10 trillion and the money supply is $ 5 trillion. What is the velocity of money（）

单选题

2022-01-09 17:47

A、5x.
B、50x.
C、2x.

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正确答案

C

试题解析

According to the quantity theory of money, velocity = GDP/money supply. Hence, V = 10/5=2x.

标签：金融英语

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