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the following questions related to the Goodhart quote 1. Velocity is the reciprocal of k, the ratio of money to nominal income. A fall in
the following questions related to the Goodhart quote 1. Velocity is the reciprocal of k, the ratio of money to nominal income. A fall in velocity means a rise in k. What role does k play in the relationship between money supply and the price level
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Foundations of Macroeconomics
Authors: Robin Bade, Michael Parkin
6th edition
132831007, 978-0132831000
