If the velocity of money is constant , real growth in the output of the economy is +2.5% and inflation is 2.0% what is the growth rate of money??
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If the velocity of money is constant , real growth in the output of the economy is +2.5% and inflation is 2.0% what is the growth rate of money??
Consider the equation of exchange. Suppose the velocity of money is constant, the growth in real output is 3% and inflation is 2.0%. What is the growth rate of money?
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