Elucidate the difference among the statement

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Velocity, Inflation, Money Supply

How would I find the rate the Fed should let the money supply grow in order to completely stop inflation, if the velocity of money is increasing by 3% and the economy is growing at a rate of 2.5% a year.

Whats the difference between the statement "the money supply is fixed" and the statement "the money supply is exogenous"?

 

Reference no: EM1329909

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