How might the same data can be interpreted

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Reference no: EM131308768

The table gives estimates of the rate of money supply growth and the rate of real GDP growth for five countries in 2000:

a. If you were a monetarist, what would you predict about the rate of inflation across the five countries?

b. If you were a Keynesian and assuming activist central banks, how might you interpret the same data?

Reference no: EM131308768

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