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Mathematics, 23.03.2021 07:00 mbol7123

Consider a simple economy that produces only pens. The following table contains information on the economy's money supply, velocity of money, price level, and output. For example, in 2018, the money supply was $240, the price of a pen was $7.20, and the economy produced 500 pens.

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

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