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i. Suppose the government of a country wants to achieve long run growth and they are thinking they can do by printing money. Is this

i. Suppose the government of a country wants to achieve long run growth and they are thinking they can do by printing money. Is this an effective policy for growth?

ii. In country BETA, full-employment level of real GDP is increasing at a rate of 6% per period and the money supply is growing at a 8% rate. What will be the long-run inflation rate in this country, assuming constant velocity?

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