katiekellerman2387 katiekellerman2387

07-08-2020
Business

contestada

if the growth rate of the money supply is 8%, velocity is constant, and reald GDP grows at 2% per year on average, then the inflation rate will be

Respuesta :

ewomazinoade ewomazinoade

11-08-2020

Answer:

4%

Explanation:

The quantity theory of money states that :

Money supply x Velocity = price x real GDP

8% = 2% x price

Price = 4%

Answer Link

Otras preguntas

The vertices of a right triangle are (-3, 5), (4, -1), and (4, y). What is the value of y? A. -3 B. -1 C. 4 D. 5

What is the product,in square of the width (x = 18x) and the height (y) of the prism??

In Shadow Bay in July, high tide is at 1:30 pm. The water level is 4 feet at high tide and 0 feet at low tide. Assuming the next high tide is exactly 12 hours l

when you type a day, month, or date, what features does Word use to automatically complete typing the day, month, or date for you

What is the volume of a cube with a side length that measures 1 1/2 ft?

Match each situation with the method of government intervention used to rectify it. Tiles price floor contraction fiscal policy price ceiling expansionary fisca

what were the new deal programs established by FDR?

In this circle, what do ‘r’ and ‘R’ represent? "r" represents the radius of the small circle. "R" represents the radius of the larger circle. "r" represents t

International officials and business leaders have gathered to discuss free-trade policies. Outside their summit, protesters shout, "People before profit."ť Thes

The figure below is a trapezoid.witch statement is true?