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03-19-2008, 07:45 PM
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| Economics question? If the money supply in Canada is $200 billion, nominal GDP is $800 billion, real GDP is $400 billion. Assuming velocity is stable, if real GDP grows by 10% this year, and money supply doesn't change at all, then A. inflation rate = 0% B. nominal GDP grows by 10% C. nominal GDp stays the same D. none of the above are true. Thank-you!      |
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