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uppose that the money supply of a country is S110 billion and the velocity of money is 3.5. The economy's production capacity is expected to

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uppose that the money supply of a country is S110 billion and the velocity of money is 3.5. The economy's production capacity is expected to grow by 3 percent over the next year According to a strict monetarist perspective, what should be the total money supply by the end of the year in order to support the expected increase in capacity? Instructions: Round your answer to 1 decimal place. billion

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