1
answer
0
watching
528
views
28 Sep 2019
a) If the growth rate of the money supply is 6%, velocity is constant, and real GDP grows at 4% per year on average, then the inflation rate will be what %?
b) If the growth rate of the money supply increases to 18%, velocity is constant, and real GDP grows at 5% per year on average, then the inflation rate will be what %?
c) If the growth rate of the money supply increases to 15%, velocity grows at 1%, and real GDP grows at 5% per year on average, then the inflation rate will be what %?
a) If the growth rate of the money supply is 6%, velocity is constant, and real GDP grows at 4% per year on average, then the inflation rate will be what %?
b) If the growth rate of the money supply increases to 18%, velocity is constant, and real GDP grows at 5% per year on average, then the inflation rate will be what %?
c) If the growth rate of the money supply increases to 15%, velocity grows at 1%, and real GDP grows at 5% per year on average, then the inflation rate will be what %?
Joshua StredderLv10
28 Sep 2019