mommylovespez40 mommylovespez40
  • 21-06-2021
  • Business
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If nominal GDP is $1,200 billion and, on average, each dollar is spent five times in the economy over a year, then the quantity of money demanded for transactions purposes will be?

Choices
1,200
6,000
600
240
960

If nominal GDP is 1200 billion and on average each dollar is spent five times in the economy over a year then the quantity of money demanded for transactions pu class=

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magalygargurevich
magalygargurevich magalygargurevich
  • 21-06-2021
Answer: 6000



Explanation:
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