According to the quantity equation, if inflation is 0.1 percent, the growth rate of money is 7.3 percent, velocity growth is -3.1 percent, and real GDP growth is In the classical dichotomy. is fixed, so real GDP growth is predicted to be. OA.4.4; velocity: 0 OB.4.1; velocity, 7.2 OC.-6.1; inflation; 6.1 OD.2.9; velocity: 7.3 OE. 4.2; money growth; 3.1

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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QUESTION 15
According to the quantity equation, if inflation is 0.1 percent, the growth rate of money is 7.3 percent, velocity growth is -3.1 percent, and
real GDP growth is
In the classical dichotomy
is fixed, so real GDP growth is predicted to be
OA 4.4; velocity; 0
OB. 4.1; velocity; 7.2
OC. 6.1; inflation; 6.1
OD.2.9; velocity: 7.3
OE. 4.2; money growth; 3.1
LG
5
H.
V.
N.
M
Wie
Contral
Transcribed Image Text:QUESTION 15 According to the quantity equation, if inflation is 0.1 percent, the growth rate of money is 7.3 percent, velocity growth is -3.1 percent, and real GDP growth is In the classical dichotomy is fixed, so real GDP growth is predicted to be OA 4.4; velocity; 0 OB. 4.1; velocity; 7.2 OC. 6.1; inflation; 6.1 OD.2.9; velocity: 7.3 OE. 4.2; money growth; 3.1 LG 5 H. V. N. M Wie Contral
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