77 973
Assignments Done
Successfully Done
In August 2019

Answer to Question #13971 in Macroeconomics for Mathias elago

Question #13971
suppose real GDP is growing at 4 percent, the money supply is growing at 11 percent, the velocity of money is constant, and the real interest rate is 6 percent.

a) what is the current inflation rate and nominal interest rate?
b)if the money supply growth rate increase to 15 percent, how will your answers in part(a) change?
Expert's answer

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be first!

Leave a comment

Ask Your question

Privacy policy Terms and Conditions