Consider the economy of burgerland, which only produces hamburgers. if the velocity of money is 25, the price of a hamburger is $5, and the quantity of money in the economy is $500, how many hamburgers did burgerland produce?

2500 ham burgers

Step-by-step explanation:

Velocity of money = $25

Money in economy = $500

Total money = $500 *$25

                     =$12500

One hamburger coast = $5

Hamburger did Burger land produce = 12500/5

                                                          = 2500

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step-by-step explanation:

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