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Question 23 1.5 pts Use Scenario #1 and Table #1 [The Quantity Theory of Money.) in the file "Tables and Diagrams for Exam#2" to answer the following question: How much is, approximately, the rate of money growth between year 02 and year 03 ? O aprox. 10.8%. O aprox. 5.8%%. O aprox. 16.8% O aprox. 2.8. Question 24 1.5 pts Use Scenario #1 and Table #1 [The Quantity Theory of Money.) in the file "Tables and Diagrams for Exam#2" to answer the following questions How much is, approximately, the price level in year 03 (P03) ? 1.05 O 1,08 1.26 1.13 Question 25 1.5 pts Use Scenario #1 and Table #1 (The Quantity Theory of Money.) in the file "Tables and Diagrams for Exam#2" to answer the following question: How much is, approximately, the inflation rate between year 02 and year 03? O aprox. 7.00% O aprox. 14.00% O aprox. 11.00%% O aprox. 9.00% Question 26 1.5 pts Use Scenario #1 and Table #1 (The Quantity Theory of Money.) in the file "Tables and Diagrams for Exam#2" to answer the following question: How much is output level (Y) in year 03? O 1.100.0 O 1.102.5 O 1.200.5 O 1.201.5 Scenario #1 and Table #1: The Quantity Theory of Money (QTM). In this simple version of QTM (Chapter 5,) we assume that velocity is constant and Real GDP increases al the constant rate of 5% per year. Use the QTM in Level form and QTM in Percentage form to complete Table##1: Table #1. Year M ZAM V P IT-AP MAY 400 2.5 1.00 1000 2% 02 2.5 %AM2013= 03 500 2.5 Pan= Y2103=