Calculate the velocity of? circulation

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Reference no: EM131172274

The quantity of money is ?$4 ?trillion, real GDP is ?$10 ?trillion, the price level is 0.8?, the real interest rate is 2 percent a? year, and the nominal interest rate is 10 percent a year. Calculate the velocity of? circulation, the value of M? × V?, and nominal GDP.

The velocity of circulation is.

The value of M? × V is? $.

The value of nominal GDP is ?$.

Reference no: EM131172274

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