What is the income velocity of money

Reference no: EM132131637

Question: Consider the following data: The money supply is $1 trillion, the price level equals 2, and real GDP is $5 trillion in base-year dollars. What is the income velocity of money? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132131637

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