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Suppose Velocity Increases by 2 Percent and Potential GDP Grows

Question 249

Multiple Choice
Suppose velocity increases by 2 percent and potential GDP grows by 2 percent. The trend inflation rate will equal zero if the quantity of money grows by
A) 0 percent.
B) 2 percent.
C) 4 percent.
D) -2 percent.

Suppose velocity increases by 2 percent and potential GDP grows by 2 percent. The trend inflation rate will equal zero if the quantity of money grows by


A) 0 percent.
B) 2 percent.
C) 4 percent.
D) -2 percent.

Correct Answer:

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