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Consider an OLG economy, young picks 3 bananas, old picks 1 banana. At time 1, central bank prints out 1 unit of money, given to

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Consider an OLG economy, young picks 3 bananas, old picks 1 banana. At time 1, central bank prints out 1 unit of money, given to gen 0 for free. At all periods afterwards, central bank doubles the total supply of money each period. Then according to Quantity Theory of Money, the price level will each period. O double O triple O half O become 1/3

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