~

;3\Assume that Mis $200 billion and V is 6. IfV increases by [5%, what will be the change in nominal GDP?

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-.Jew24.\If nominal GDP is $848 biUion, and velocity of money is 4, how much is the money

~supply? If the GDP price index 1S200, what is real GDP here?

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New 25.~ssume that is $300 billion and V is 10. What is the level of nominal GDP accordi -'to the monetanst equatlOn? If V nses by 100/0,then accordmg to the monetanst equatl what will be the new level af nominal GOP?

New 26. Assume that Mis $250 bilIion and V -i$8. If V increases by 15%, what wiIl be the change in nominal GDP?

New 27. ff nominal GDP is $1344 billion, and velocity of money is 6, how much is the mone} I supply? If the GDP price i~dex is 160, what i5real GDP here? I