单选题
Assume that nominal gross domestic product (GDP) is $10 trillion and the money supply is $ 5 trillion. What is the velocity of money?
A. 5x.
B. 50x.
C. 2x.
A
B
C
D
【正确答案】
C
【答案解析】
According to the quantity theory of money, velocity = GDP/money supply. Hence, V = 10/5=2x.
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