Question
In Monetaria real GDP is growing at 2% per year and the money supply is growing at 5% per year. Suppose that the velocity of
In Monetaria real GDP is growing at 2% per year and the money supply is growing at 5% per year. Suppose that the velocity of money has been constant.
Find the inflation rate.
The nominal interest rate is 10%. Find the real interest rate, assuming that inflation will remain the same
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Historical Perspectives On The American Economy Selected Readings
Authors: Robert Whaples, Dianne C Betts
1st Edition
0521466482, 9780521466486
