noviadelee1804 noviadelee1804
  • 23-12-2021
  • Business
contestada

You are the head of the central bank and you want to maintain a 2 percent long-run inflation rate. Suppose that velocity is constant and real GDP growth is 3 percent per year. Moreover, you know that the current money supply is $120 billion. Your money supply target for one year from today is $______ billion.

Respuesta :

shishmwangi955
shishmwangi955 shishmwangi955
  • 23-12-2021

The answer I think is 12 billion

Answer Link

Otras preguntas

how long did the revolutionary war last
what is the biggest number 2.07. 2.24. 2.4. 2. 2.04
7 out of 10 students got full marks on their test. Calculate the angle you would use in a pie chart
Suppose you earn $6 per hour at your part-time job.What will your new hourly rate be after a 2.5% raise? Explain.
What are some reasons why European powers created African colonies
what heavy cargo do u think could be moved by canal boats
what happens to the chemical identity of a substance during a physical change?
How does differentiation lead to tissues and organs in the developing organism
The kinetic energy (in joules) of a moving object can be calculated from the expression 1/2mv^2, where m is the mass of the object in kilograms and v is its spe
In which part of the body is glycogen stored?