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The velocity of money is represented as


Question

The velocity of money is represented as

Options

A)
\(\frac{\text{Money supply}}{\text{Real GDP}}\)
B)
\(\frac{\text{Real GDP}}{\text{Money supply}}\)
C)
\(\frac{\text{Nominal GDP}}{\text{Money supply}}\)
D)
\(\frac{\text{Real GDP}}{\text{Nominal GDP}}\)

The correct answer is C.


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