Question 43 of 70 Question 43 1 points Save Anwe The money supply in Freedonia is $200 billion. Nominal GDP is $800 bill

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Question 43 Of 70 Question 43 1 Points Save Anwe The Money Supply In Freedonia Is 200 Billion Nominal Gdp Is 800 Bill 1 (20.59 KiB) Viewed 56 times

Question 43 of 70 Question 43 1 points Save Anwe The money supply in Freedonia is $200 billion. Nominal GDP is $800 billion and real GDP is $400 billion. Assuming that velocity is stable, if real GDP grows by 10 percent this year, and if the money supply does not change this year, then a nominal GOP will stay the same. b. the inflation rate will be zero c. nominal GDP will grow by 10 percent. Od none of the above are correct.