1 suppose a very small country has a central bank who has, Ask an Expert

Economics

1. Suppose a (very small) country has a central bank who has issued 100m of money, where nominal output is 350m annually. How frequently is the average piece of money used?

2. Give two realistic occurrences that might drive changes in the velocity of money

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91519631

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