NFLS2024ECON11 Textbook HW 6. Macroeconomic Theories and Long Run Economic Growth Modules 5.3, 5.6, 5.7

Assume the money supply is equal to $40b, the velocity of money is constant at 6, and nominal GDP equals $240b. According to the Quantity Theory of Money, by how much will a $10b increase in the money...