Problems & Exercises for MACRO
Unit Four (for the Final Exam)
Unit Four--Assignment One--Web Problem 5
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1 |
Use the Equation of Exchange to fill in the missing element in the following table:
Unit Four (for the Final Exam) Unit Four--Assignment One--Web Problem 5 1 Use the Equation of Exchange to fill in the missing element in the following table:Problems & Exercises for MACRO
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V |
+1% |
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P |
+2% |
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M1 |
+5% |
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Q |
? |
Note: You may have to do some rearranging as you use the Equation of Exchange.
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2 |
Do the same with this table as well:
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V |
-6% |
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P |
-8% |
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Q |
-15% |
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M1 |
? |
For question 2, what era in U.S. economic history is represented by this poor set of numbers?
Please send your responses by
e-mail.|
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