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kolitchko kolitchko
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6 years ago
According to the quantity theory of money, if the long-run economic growth rate is 2.5%, by how much should the Fed increase the money supply if it wants inflation to be 2%?
A) 0.5%
B) 1.25%
C) 4.5%
D) 5%
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Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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vehmeinvehmein
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6 years ago
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kolitchko Author
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6 years ago
This site is awesome
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Good timing, thanks!
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2 hours ago
Thanks
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