Introduction to Economics 2 Deneme Sınavı Sorusu #349683

Considering the equation of exchange, if the velocity of money is 4, the output level is 2000 liras and the money supply is 500 liras, what is the average selling price of each unit of production?


0

 

1

 

4

 

8

10


Yanıt Açıklaması:

M x V = P x Y

500 x 4 = P x 2000

P = 1

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