When the nation's money supply is Rs. 1200 billion and GDP is Rs. 4800 billion, velocity of circulation money is:

Related MCQs

• Velocity of circulation of money means the number of times a unit of money
• Under normal circumstances, the velocity of circulation of money in a country is:
• What is the net value of GDP after deducting depreciation from GDP(Gross domestic product)?
• Value of money and supply of money are related:
• Statistics such as GDP, the unemployment rate, the rate of inflation and the trade balance are:
• If we compare GDP and GNP, then:
• Which sector contributes the most to India's economy in terms of GDP?
• Which Ministry is responsible for calculating GDP in India?
• To avoid double counting when GDP is estimated, economists:
• Which Ministry is responsible for calculating GDP in India?