Foundations of Economics, Student Value Edition Plus MyLab Economics with eText -- Access Card Package (8th Edition)
Foundations of Economics, Student Value Edition Plus MyLab Economics with eText -- Access Card Package (8th Edition)
8th Edition
ISBN: 9780134641843
Author: Robin Bade, Michael Parkin
Publisher: PEARSON
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Chapter 28, Problem 2IAPA
To determine

The impact on the price level in the short run and long run and on the rate of inflation, if the Fed doubles the quantity of money and all other things are kept constant.

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