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    Exam 14: Inflation: a Monetary Phenomenon
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    Suppose the Growth Rate in Real GDP Is 4 Percent
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Suppose the Growth Rate in Real GDP Is 4 Percent

Question 17

Question 17

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Suppose the growth rate in real GDP is 4 percent and the growth rate in the money supply is 7.3 percent. What is the rate of inflation?

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The rate of inflation is equal...

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