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In the context of the quantity theory of money, briefly discues the role of velocity and its role in inflation over the last decade. Based
In the context of the quantity theory of money, briefly discues the role of velocity and its role in inflation over the last decade. Based on your explanation, from the table below, calculate inflation in the last column according to the quantity theory of money. Quarter GDP M1 Velocity of M1 Inflation 1I'1I'2019 18833 376? 10 NA 4f1f2019 18932 3786 11 ? 11112019 19112 - 3858 B ? 10I1f2019 19202 3964 9
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