Annual money supply growth rate


In the mid 1990s, Japan's annual money supply growth rate fell to 1-2 percent from an average annual rate of 10-11 percent in the late 1980s. Explain what effect did this decline have on: (Total 200 to 300 words)

a. Japanese real output?

b. Japanese unemployment?

c. Japanese inflation?

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Macroeconomics: Annual money supply growth rate
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