Why do you think velocity was so much higher in brazil
Course:- Econometrics
Reference No.:- EM131134807

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Continuing with the preceding question, note that the monetary value of output in 1985 was billion in the United States and 1,418 billion cruzados in Brazil. Refer back to question 3 and calculate velocity for the two countries in 1985. Why do you think velocity was so much higher in Brazil?

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