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Business, 16.04.2020 20:04 kadams3836

If Real GDP increases at an annual rate of 4 percent and velocity increases at a rate of 1 percent per year, then rules-based monetary policy advocates who wish to maintain a stable price level would set the annual money supply growth rate at .

A. 1
B. 4
C. 3
D. 6
E. 2

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Answers: 1

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