Macroeconomics (Fourth Edition)
4th Edition
ISBN: 9780393603767
Author: Charles I. Jones
Publisher: W. W. Norton & Company
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Question
Chapter 8, Problem 15E
(a)
To determine
Calculate the money circulation and size of monetary base in 1981.
(b)
To determine
The revenue from inflation tax during 1980‑81 and its fraction of
(c)
To determine
Reason for calculations in (a) and (b) for 1981.
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P=A×MP=A×M
•
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•
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Chapter 8 Solutions
Macroeconomics (Fourth Edition)
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