In 2004, the Canadian economy was close to full employment. Real GDP was $1 comma 035 billion. The nominal interest rate was 3.0 percent a year, the inflation rate was 3.0 percent a yearcomma the price level was 1.30, and the velocity of circulation was 7.00. What was the quantity of money in Canada? Question content area bottom Part 1 In 2004, the quantity of money in Canada is $ 192 billion.