christy85641 christy85641
  • 18-01-2024
  • Business
contestada

If real GDP is $800 billion, nominal GDP is $900 billion and, on the average, each
dollar is spent three times per year, then the amount of money demanded for
transactions purposes
A. will be $300 billion.
B. will be $100 billion.
C. will be $1,700 billion.
D. will be $2,700 billion.

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