Question: Can you assist me with this study question: Given the following conditions, M = $500, V = 3, Y = 20, what is the value

Can you assist me with this study question:

Given the following conditions, M = $500, V = 3, Y = 20, what is the value of nominal GDP?

The equation is MV=PY. Is nominal GDP the same as MV? I thought nominal GDP would be PY?

Thank you

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