Pennsylvania State University

ECON 304, Section 003: Inmd Macroec Analysis (22511 UP P ECON 304 003 ) Quiz 5 (ECON304 SP25)

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In the equation of exchange, if the quantity of money (M) has doubled, while the price level (P) has increased by 50 percent and velocity (V) remains constant, then real output (Y) ________. (Hint:...

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