According to the equation of exchange, how can nominal GDP decrease even though the amount of money does not? Select one
Posted: Sat Feb 19, 2022 2:44 pm
According to the equation of exchange, how can nominal GDP
decrease even though the amount of money does not?
Select one:
a.
velocity decreases
b.
real GDP increases
c.
price level decreases
d.
velocity increases
decrease even though the amount of money does not?
Select one:
a.
velocity decreases
b.
real GDP increases
c.
price level decreases
d.
velocity increases