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c. Projecting to next year, assume that the velocity of money stays the same, that the government of your country plans to raise the money

c. Projecting to next year, assume that the velocity of money stays the same, that the government of your country plans to raise the money supply by 20%, and that the number of units increases by 10%. Based on these assumptions calculate the following: i. the number of units that will be sold (2 marks) ii. the expected GDP given the expected money supply increase (2 marks) iii. the implied price per unit next year (2 marks) iv. the implied rate of inflation as a result (2 marks) v. the maximum amount the money supply could increase to maintain the government's 2% targeted inflation rate (4 marks)

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