All things equal, by how much will nominal GDP expand if the central bank increases the money supply by $200 billion, and the velocity of money is 4? Show your work.
All things equal, by how much will nominal GDP expand if the central bank increases the money supply by $200 billion, and the velocity of money is 4? Show your work.
Chapter16: Monetary Policy
Section: Chapter Questions
Problem 10SQP
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All things equal, by how much will nominal GDP expand if the central bank increases the money supply by $200 billion, and the velocity of money is 4? Show your work.
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