If nominal money supply grows by 3% and real money demand grows by 8%, the inflation rate is FIN Chapter 7 If nominal money supply grows by 3% and real money demand grows by 8%, the inflation rate is (a) -5%. (b) 8/3%. (c) 5%. (d) 11%. Answer: A Learn More : Share this Share on FacebookTweet on TwitterPlus on Google+
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