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The money supply in Muckland is $100 billion. Nominal GDP is $800 billion and real GDP is $200 billion. Given that, the price level in

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The money supply in Muckland is $100 billion. Nominal GDP is $800 billion and real GDP is $200 billion. Given that, the price level in Muckland would be the velocity in Muckland would be For the tnolhar nress Al T+F10 (PC) nr Al T+FN+F10 (Mar) QUESTION 26 3 points If the real interest rate is 7% and the inflation rate is 3%, then according to the Fischer Effect, the nominal interest will be % For the toolbar. press ALT+F10 (PC) or ALT+FN+F10 (Mac)

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