jordanschwerdt243 jordanschwerdt243
  • 06-06-2023
  • Business
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Consider an economy where per capita GDP grows at 4% a year. Population grows by 2% a year. The Central Bank would like to implement an annual inflation rate of 1%. Assuming the velocity of money is constant, the annual rate of growth of the money supply should be: a. 0% d. 5% b. 2% e. 7% c. 3%

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