If the velocity of money is constant, money supply increases by 5%, output growth rate is 3%, and nominal interest rate is 5% then real interest rate is

Economics (MindTap Course List)
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ISBN:9781337617383
Author:Roger A. Arnold
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Chapter14: Money And The Economy
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If the velocity of money is constant, money supply increases by 5%, output growth rate is 3%, and nominal interest rate is 5% then real interest rate is

 

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