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Potential output for an economy is 900, velocity is 6, and t

Paper help Economics Potential output for an economy is 900, velocity is 6, and t

Economics

Potential output for an economy is 900, velocity is 6, and t

Potential output for an economy is 900, velocity is 6, and the current money supply (Year 1) is 1,8… Show more Potential output for an economy is 900, velocity is 6, and the current money supply (Year 1) is 1,800. Theta = 50. Decision makers expect a 6% increase in the money supply; the actual increase is 3%.What is the current price level? • Show less

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