Consider again the economy with a total money supply of $2 million and nominal GDP of $6 million.  In this economy, the money supply is growing at a rate of 3 percent per year, prices are falling at a rate of 1 percent, and velocity is constant.  This economy's real output is growing at a rate of _________ percent. (Enter your answer "as a percent, but without a percentage sign."  In other words, if you think output is growing at a rate of 99.99%, enter only 99.99 in the blank.  Use a positive sign to indicate an increase and a negative sign to indicate a decrease.)

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Q: Consider again the economy with a total money supply of $2 million and nominal GDP of $6 million.…

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A:

Q: If the money supply is growing at a rate of 6 percent per year, real GDP (real output) is growing at…

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Q: inflation rate in 2018? 1) 2% O2) 4% 3) 6%

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Q: n

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Q: 7

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