Suppose that the money stock is $10 billion, each dollar generates $ 5 – McqOptions

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1.	Suppose that the money stock is $10 billion, each dollar generates $ 5worth of spending, andthe NAIRU is 7%. According to the quantity theory of what is nominal GDP (income)
A.	$ 350 million
B.	$ 70 million
C.	$ 35 million
D.	$ 50 million
Answer» E.

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