The Table Below Shows Data for Brazil Assuming the Rate of Velocity Change Is Constant,
A) the l

question 544

Multiple Choice

The table below shows data for Brazil.
$$\begin{array} { | l | l | l | } \hline & 2006 & 2007 \\\hline \begin{array} { l } \text { Real GDP grow th } \\\text { rate }\end{array} & 3.8 & 5.4 \\\hline \text { Inflation rate } & 4.2 & 3.7 \\\hline\end{array}$$
Assuming the rate of velocity change is constant,

• A) the money growth rate was -0.4 percent in 2006.
• B) the growth rate of nominal GDP was 1.7 percent in 2006.
• C) the demand for money curve shifted leftward in 2006.
• D) the growth rate of money increased between 2006 and 2007.

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