If the Growth Rate of Velocity Is -2 Percent, the Growth

question 30

Multiple Choice

If the growth rate of velocity is -2 percent, the growth rate of money supply is 7 percent, and the inflation rate is 3 percent, what is the growth rate of real output?

• A)​1 percent
• B)​2 percent
• C)​3 percent
• D)​4 percent