Suppose that velocity is constant at 9 but the nominal, Business Economics

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Suppose that velocity is constant at 9 but the nominal

Suppose that velocity is constant at 9, but the nominal money supply increases from $1.5 to $1.8 trillion. What must happen to nominal output? Suppose further that real output is constant at 13.5 trillion “units”: what must happen to the price level?

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Business Economics: Suppose that velocity is constant at 9 but the nominal

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Business Economics: Suppose that velocity is constant at 9 but the nominal

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