Chapter11: Managing Aggregate Demand: Fiscal Policy
Section: Chapter Questions
Problem 2TY
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![In the imaginary economy of Smanland the money pply in year 2018 was $100. Their Real ODP w $200 and the Nomunal GDP was caleulated in $00 Calculate the Velociny and the price level for
this economy
Oa Valocity =, Price Level 2
Ob. Velocity 8; Price Level 8
e Velociry , Price Level4
Od velocity4, Price Level4](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F05378965-b337-4823-a41a-a9df79305e19%2Fe9f1cedd-4578-4e7a-bef5-97d7ad9272f5%2F2x0z1s_processed.jpeg&w=3840&q=75)
Transcribed Image Text:In the imaginary economy of Smanland the money pply in year 2018 was $100. Their Real ODP w $200 and the Nomunal GDP was caleulated in $00 Calculate the Velociny and the price level for
this economy
Oa Valocity =, Price Level 2
Ob. Velocity 8; Price Level 8
e Velociry , Price Level4
Od velocity4, Price Level4
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