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Consider Snackistan, a hypothetical country that produces only burgers. In 2016, a burger is priced at $4.00. Complete the rst row of the table with

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Consider Snackistan, a hypothetical country that produces only burgers. In 2016, a burger is priced at $4.00. Complete the rst row of the table with the quantity of burgers that can be bought with $900. Hint: In this problem, assume it is not possible to buy a fraction of a burger, and always round down to the nearest whole burger. For example, if your calculations result in 1.5 burgers, the answer should be 1 burger. Price of a Burger Burgers Bought with $900 Year (Dollars) (Quantity) 20 16 4.00 20 1 7 Suppose the government of Snackistan cannot raise sufcient tax revenue to pay its debts. In order to meet its debt obligations, the government prints money. As a result, the money supply rises by 20% by 2017. Assuming monetary neutrality holds, complete the second row of the table with the new price of a burger and the new quantity of burgers that can be bought with $900 in 2017. The impact of the government's decision to raise revenue by printing money on the value of money is known as the V

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