Trup2165 Trup2165
  • 24-05-2023
  • Business
contestada

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Suppose the velocity of money is 10 transactions per year, the
price level for 2015 is $6, and real GDP in 2015 is $6,000,000. If
output grows by 10%, what will money supply should the central bank
seet in 2016 if they want to keep the prices stable?

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