Business, 12.11.2019 23:31 jrios4983

According to the quantity theory of money, what must the growth rate of the money supply be given the following information? a) the growth rate of real gdp is6.4%. b) the growth rate of nominal gdp is 8.4%. c) the nominal interest rate is 4.8%. d) the real interest rate is 2.8%. e) the money supply (m2) is $11,438 (in billions).

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According to the quantity theory of money, what must the growth rate of the money supply be given th...

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