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Author Question: I) The growth rate of Eduland's money supply in a particular year was 8.5. What was the growth ... (Read 46 times)

MGLQZ

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i) The growth rate of Eduland's money supply in a particular year was 8.5.
 
  What was the growth rate of real GDP if the inflation rate in the same year was 4?
  ii) What is likely to happen if the growth rate of money supply doubles in the following year, while the growth rate of real output remains unchanged?

Question 2

Prices that adjust slowly are
 
  A) auction prices. B) custom prices. C) flexible prices. D) heavy prices.


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dlook33

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MGLQZ

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


triiciiaa

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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