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6. Let real GDP growth-2.4% per year, money growth-5% per year, nominal interest rate-4.8%. and velocity of money-constant. (a) Find the inflation rate, the real interest rate, and the cost of holding money. (b) What are the inflation rate, the real interest rate, and the cost of holding money if the central bank changes the money growth to 6% per year?

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Q.GDPGpowtu Rate gm-5%, V=const 4.8%, 、→ Real GDP (Real)=2.4%, - pom g. theory of Money いIn Growth Rate Mapy test ms, gm+gv-8ptgy . Nouw cost ot holding Money hterest oegone on alteonatve assets = Nominal irate-4-8%, AV f) N0 W gm-6%, then &do mamutn veHSO not Q.theoPJ- hg Mon 44% dur

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