Suppose that the quantity of money in circulation

/in /by

Suppose that the quantity of money in circulation

Suppose that the quantity of money in circulation

Question
Suppose that the quantity of money in circulation
is fixed but
the income velocity of money doubles.
If real GDP
remains at its long-run potential
level, what
happens to the equilibrium price
level? (See
page 354.)

Suppose that the quantity of money in circulation

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