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Questions (3)
The quantity of money grows at a rate of 14percent ayear, potential GDP grows at
7 percent a year, and the velocity of
0 answers
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In an economy, the currency drain is 5 percent of deposits and the desired reserve ratio is 2 percent of deposits. If the
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816 views
The inflation rate is 4 percent a year, the real GDP growth rate is 2 percent a year, and the rate of increase in velocity is 0
0 answers
730 views