Kizspy | Question: 5
(Choose 1 answer)
FJOVERFLOW.COM
If the government prints an additional $200 billion, increasing the money supply from $800 billion to $1 trillion,
and the velocity of money remains constant at 3, what will be the new nominal GDP?
A. $2.4 trillion
B. $3 trillion
C. $3.6 trillion
D. $4 trillion
