Answer (Choose 1 answer)
(17931) Refer to Figure 30-3. Suppose the relevant money-supply curve is the one labeled MS2; also suppose the economy's real GDP is 45,000 for the year.If the money market is in equilibrium, then the velocity of money is approximately
A. 4.5
B. 12.0
C. 9.0
D. 6.0
mantot ni
Figure 30-3. On the graph, MS represents the money supply and MD represents money demand. The usual quantities are measured along the axes.
MS
MS
0.5
0.33
MD
10,000
15,000
Exit (50
