The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | Apr 2017 |
| Last Sign in: | 327 Weeks Ago, 4 Days Ago |
| Questions Answered: | 12843 |
| Tutorials Posted: | 12834 |
MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
If the growth rate of the money supply is 8​%, velocity is​ constant, and real GDP grows at 2% per year on​ average, then the inflation rate will be?
Â
If the growth rate of the money supply increases to 20​%, velocity is​ constant, and real GDP grows at 6​% per year on​ average, then the inflation rate will be?
If the growth rate of the money supply increases to 18​%, velocity grows at 1​%, and real GDP grows at 2​% per year on​ average, then the inflation rate will be?
-----------