The annual average percentage change in Real GDP is 2.3 percent, and the annual average percentage change

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The annual average percentage change in Real GDP is 2.3 percent, and the annual average percentage change in velocity is 1.1 percent. Using the monetary rule discussed in the text, what percentage change in the money supply will keep prices stable (on average)?

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Economics

ISBN: 978-1133561675

11th edition

Authors: Roger A. Arnold

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