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Uzbekistan in the year 2020 the GDP/Output of the country was 5,000 if the velocity remains constant and the price level remains 350 and money
Uzbekistan in the year 2020 the GDP/Output of the country was 5,000 if the velocity remains constant and the price level remains 350 and money supply as 2,000. i- Compute the velocity of money and discuss the same. 02 Marks ii- Explain the following effects and concept: 01 Mark a. Quantity Theory of Money b. Fisher Effect
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Microeconomics Principles, Problems and Policies
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
20th edition
978-0077660819, 77660811, 978-1259450242
