Assuming a Long-Run Relationship, If Real Output Growth Is 2

question 37

Multiple Choice

Assuming a long-run relationship, if real output growth is 2.8% and velocity stays constant, by how much would the money supply have to grow to achieve an inflation rate of 2%?

• A)4)8%
• B)2)8%
• C)2)0%
• D)0)8%
• E)the answer can't be determined from this information

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Definitions:

Unauthorized Personnel

Individuals who do not have permission or clearance to access a certain area, information, or equipment.

I/O Rack

A physical framework used to organize and protect input/output modules and other control components in an automated system.

Shielded Twisted Pair Cable

A type of cable in which the pairs of conductors are twisted together for the purposes of canceling out electromagnetic interference from external sources, with an additional shield to further protect against interference.

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Inputs that receive signals from thermocouples, which are temperature-measuring devices consisting of two dissimilar metals joined together, generating a voltage related to temperature.