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The equation of exchango MVapy can be rewitben to highlight the amount of apgregale domand that can be supported at a given quantly of money. Y=MVIP. Calculate the amount of GOP that car be purchasod under the following assumptions. Money supply= 300 , Velocly =4 and the price level =12.0 Y=100Y=120Y=400Y=50.

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The equation of exchango MVapy can be rewitben to highlight the amount of apgregale domand that can be supported at a given quantly of money. Y=MVIP. Calculate the amount of GOP that car be purchasod under the following assumptions. Money supply= 300 , Velocly =4 and the price level =12.0 Y=100Y=120Y=400Y=50.

- 1. The equation of exchango MVapy can be rewitben to highlight the amount of apgregale domand that can be supported at a given quantly of money. Y=MVIP. Calculate the amount of GOP that car be purchasod under the following assumptions. Money supply= 300 , Velocly =4 and the price level =12.0 Y=100Y=120Y=400Y=50