If the price level increases by 0.2 percent for every $100 billion increase in the money...

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If the price level increases by 0.2 percent for every $100 billion increase in the money supply, by how much might prices rise if the Fed increases total reserves by $80 billion and the reserve requirement is 0.20? Instructions: Round your response to two decimal places. % If the price level increases by 0.2 percent for every $100 billion increase in the money supply, by how much might prices rise if the Fed increases total reserves by $80 billion and the reserve requirement is 0.20? Instructions: Round your response to two decimal places. %

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