Examlex

Solved

If Velocity Is 6, Real Output Is 10,000, and M

question 22

Essay

If velocity is 6, real output is 10,000, and M is 20,000 what would the price level be? If M increases to 25,000 but V and Y do not change, what happens to the price level? Are the change in the money supply and the change in the price level proportional?


Definitions:

Related Questions