### Create an Account

Home / Questions / esto 2 percent a year and the remains cont ain how the mo s t what was the quantity of mo...

# esto 2 percent a year and the remains cont ain how the mo s t what was the quantity of money in Singapore

esto 2 percent a year and the remains cont ain how the mo s t 2) what was the quantity of money in Singapore? if the quantity of money grows at a year velocity of money is constant and potent at a year what is the inflation rate in the long run Plus Modifier Problem 11 In 2016, the economy of Singapore was at full employm conomy of Singapore was at full employment Real GDP was \$400 billion. The nominal 1.8 percent a year, the inflation rate was 1,6 (deflation), the price level was 102%, the velocity of money was 0.76. Use this data to answer the following questions Calculate the real interest rate. If the real interest rate remains the same and the inflation rate increases to 2 percent a year and then remains constant, explain how the nominal nains constant explain how the nominal Interest rate will change in the long run. 2) what was the quantity of money in Singapore? If the quantity of money grows at 8% a year. velocity of money is constant, and potential GDP grows at 6% a year, what is the inflation rate in the long run.

Feb 01 2020 View more View Less Get Solution