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Business, 02.11.2020 05:20 AaronEarlMerringer

Consider a simple economy that produces only pies. The following table contains information on the economy's money supply, velocity of money, price level, and output. For example, in 2011, the money supply was $240, the price of a pie was $7.20, and the economy produced 500 pies.

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Consider a simple economy that produces only pies. The following table contains information on the e...

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