Question
Textbook Suppose the velocity of money in some economy is fixed but real GDP is growing at an annual rate of 2%. By what %
Textbook
Suppose the velocity of money in some economy is fixed but real GDP is growing at an annual rate of 2%. By what % must the money supply increase each year to keep inflation constant at 0% annually? Do not include the % sign in your answer.
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Microeconomics
Authors: Dean Karlan, Jonathan Morduch
1st edition
978-0077332587, 007733258X, 978-0077332648, 77332644, 978-1259163531
