The equation of exchange in terms of growth rate is
A) Money growth rate + Rate of velocity change = Inflation rate + Real GDP growth rate.
B) Money growth rate - Rate of velocity change = Inflation rate + Real GDP growth rate.
C) Money growth rate = Inflation rate - Real GDP growth rate.
D) Inflation rate = Money growth rate + Rate of velocity change + Real GDP growth rate.
E) Inflation rate = Real GDP growth rate.
Correct Answer:
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A)the
Q99: Real money is equal to
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Q100: Use the figure below to answer the
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A)there is a
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