If the quantity of money grows at 10 percent a year, velocity of circulation is constant, and
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If the quantity of money grows at 10 percent a year, velocity of circulation is constant, and potential GDP grows at 3 percent a year, what is the inflation rate in the long run?
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Related Book For 
Foundations Of Macroeconomics
ISBN: 9780691179261
7th Global Edition
Authors: Bade, Robin;Parkin, Michael
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