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Last year the GDP is 100, and the GDP is projected to be 103. The interest rate last year is 2%. The Fed is setting
Last year the GDP is 100, and the GDP is projected to be 103. The interest rate last year is 2%. The Fed is setting the interest rate at 2.25%. Y = 2/3, and i = - To target inflation 4%, how much the Fed should increase the money supply?
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