The GDP is $12 billion.
<h3>What is Velocity of circulation in Economics?</h3>
In Economics, Velocity of circulation refers to the circulation of the amount of the money during a given period of the time. The calculation of the velocity of circulation is done by dividing GDP by the country's total money supply.
The Gross domestic product (GDP) is the standard measurement of the total value of the goods and services produced in the country in the given period of time.
According to the question, Velocity of Circulation is 4 and quantity of money is $3 billion.The calculation of the GDP is as follows:-
Gross domestic product = 4×3 billions
= $ 12 billions
Learn more about Velocity of circulation here:
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Answer:
I'm not sure I'm only in 5th grade what grade are you in? just trying to get points here
Answer:
Fair and Impartial
Part of an executor's job is to balance your wishes with the best interests of the beneficiaries. The executor will be called on to make practical decisions regarding your estate. Choose someone who can balance both considerations.
Setting realistic goals and expectations. Hope this helped:)
