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The quantity of money is ​$66 ​trillion, real GDP is ​$1212 ​trillion, the price level is 1.21.2​, the real interest rate is 44 percent a​ year, and the nominal interest rate is 77 percent a year.
Calculate the velocity of​ circulation, the value of M​ × V​, and nominal GDP.
  
​>>> Answer to 2 decimal places.
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Part 1
The velocity of circulation is?

Sagot :

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