In a given economy, the supply of money is P10 billion; the velocity of circulation of money (spent on final goods and services) is 3; and the price index is 2.00. A) what is the level of real national income?
In a given economy, the supply of money is P10 billion; the velocity of circulation of money (spent on final goods and services) is 3; and the price index is 2.00. A) what is the level of real national income?
Didn't find the answer you were looking for?