The average number of times that a dollar is spent in buying the total amount of final goods and

Related MCQs

• Nominal GDP in terms of is represented by how much money there is and how many times it is spent, while Nominal GDP in terms of                  is represented by all goods and services and their prices.
• In the quantity theory of money, P and Y represent the price and quantity of:
• The type of equilibirium that deals with the determination of price and quantity of only one
• If you want a 4% real interest rate and the expected inflation rate is 3%, you should set the