Business
Business, 06.05.2020 00:42, mashedpotatoes28

If you were following into current year:

the budget deficit is 3% of the GDP.

the real economic growth is 6%

unemployment rate is 3,5%.

supply of money is growing at constant rate of 3,5% per year.

demand for money is constant

price of oil increased by 9%

the deficit of the balance of trade is 7% of the GDP

Based on the quantity theory of money the inflation rate is %?

answer
Answers: 1

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Do you know the correct answer?
If you were following into current year:

the budget deficit is 3% of the GDP.

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