Question

According to Figure 15.6, the velocity of money declined from 1.90 in 2008 to 1.50 in 2015.

According to Figure 15.6, the velocity of money declined from 1.90 in 2008 to 1.50 in 2015.


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By what percent would M have to increase in order to fully offset this decline in V?

 

Instructions: Enter your response as a percentage rounded to one decimal place.

 

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Answer #1

Soin! v ci / 1.9 in 2008 1.5 on 2015. = (cvalve of v cîn 2008 - Value of ch 2015 klo in 2015 in increase value of u in 2015 i

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