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Reptor Reptor
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6 years ago
Make use of the quantity theory of money to solve the following problem. If the Fed has an inflation target of 2% and the velocity of money is constant, by how much should it increase the money supply each year if economic growth is expected to average 3%?
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Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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pepebillypepebilly
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