EBK MACROECONOMICS
EBK MACROECONOMICS
12th Edition
ISBN: 9780100663305
Author: PARKIN
Publisher: YUZU
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Chapter 8, Problem 24APA

(a)

To determine

Determine the value of price level (X) in 1869.  

(b)

To determine

Determine the value of real GDP (Y) in 1879.  

(c)

To determine

Determine whether the data consistent with the quantity theory of money.

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