If the money supply is growing at 8%, the real rate of growth of GDP is 2%,

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If the money supply is growing at 8%, the real rate of growth of GDP is 2%, and financial innovations are reducing the demand for money by 0.5% per year, what should the long-run inflation rate be?
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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