The table below shows data for Indonesia.
$$\begin{array} { | l | l | l | }
\hline & 2009 & 2010 \
\hline \begin{array} { l }
\text { Real GDP growth } \
\text { rate }
\end{array} & 4.5 & 6.0 \
\hline \text { Inflation rate } & 4.8 & 5.7 \
\hline
\end{array}$$
Assuming the rate of velocity change is constant, the money growth rate in Indonesia was

Question

The table below shows data for Indonesia.
$$\begin{array} { | l | l | l | } 
\hline & 2009 & 2010 \
\hline \begin{array} { l } 
\text { Real GDP growth } \
\text { rate }
\end{array} & 4.5 & 6.0 \
\hline \text { Inflation rate } & 4.8 & 5.7 \
\hline
\end{array}$$
Assuming the rate of velocity change is constant, the money growth rate in Indonesia was

Quizplus · Accepted Answer

The correct answer is A because the money growth rate is equal to the real GDP growth rate plus the inflation rate. In 2010, the real GDP growth rate was 6.0% and the inflation rate was 5.7%, so the money growth rate was 6.0% + 5.7% = 11.7%.

The Table Below Shows Data for Indonesia Assuming the Rate of Velocity Change Is Constant, the Money