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If the money GDP is $600 billion and on the average each dollar is spent three times per

If the money GDP is $600 billion and on the average each dollar is spent three times per

If the money GDP is $600 billion and, on the average, each dollaris spent three times per year, then the amount of money demanded for transactions purposes will be:


A. $1800 billion

B. $600 billion

C. $200 billion

D. $1,200 billion

Johnson 15-Jun-2018

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