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Suppose that the economy of Metroville can be characterized by the following equations: Long run aggregate growth for Metroville is: YL = 2 Money growth

Suppose that the economy of Metroville can be characterized by the following equations: Long run aggregate growth for Metroville is: YL = 2 Money growth is given as: M = 3 Money velocity growth is: V = 5C+41 + 2G + NX Initially, assume C=I=G=NX = 0

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