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Year End-of-Year monry supply

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solution


Question

Year End-of-Year monry supply (M1) Nominal GDP;2004 $1,376 $11,686;2005 1375 12,434;2006 1367 13,195;2007 1364 13,841;The following table provides data on nominal gross domestic product and the money supply (M1 definition) in recent selected years. Compute velocity in each year. Can you see a trend? How does it compare with the trend that prevailed from 1975 to 1995?

 

Paper#28677 | Written in 18-Jul-2015

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