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Please help, thank you A certain economy has velocity of 2 with total nominal GDP (output) of $300. While velocity is constant, the price level

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A certain economy has velocity of 2 with total nominal GDP (output) of $300. While velocity is constant, the price level is increasing at a rate of 4 percent and the money supply grows at a rate of 5 percent. Calculate this economy's money supply, carefully following all numeric directions. We'll reuse this information in the next question. Question 15 3 pts Recall the information from the previous question: A certain economy has velocity of 2 with total nominal GDP (output) of $300. While velocity is constant, the price level is increasing at a rate of 4 percent and the money supply grows at a rate of 5 percent. This economy's real output is increasing at a rate of percent. (Enter your answer "as a percent, but without the percentage sign." In other words, if it's increasing at a rate of 99.99 percent, enter only 99.99 in the blank.)

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