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Macroeconomics 12th Edition by Michael Parkin
النسخة 12الرقم المعياري الدولي: 978-0133872279Macroeconomics 12th Edition by Michael Parkin
النسخة 12الرقم المعياري الدولي: 978-0133872279 تمرين 6
Suppose that the velocity of circulation of money is constant and real GDP is growing at 3 percent a year.
a. To achieve an inflation target of 2 percent a year, at what rate would the central bank grow the quantity of money
b. At what growth rate of the quantity of money would deflation be created
a. To achieve an inflation target of 2 percent a year, at what rate would the central bank grow the quantity of money
b. At what growth rate of the quantity of money would deflation be created
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This suggests that for a defl...
Macroeconomics 12th Edition by Michael Parkin
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