Assuming a constant income velocity of circulation of money, if real output grows by 3%, and the rate of grows by supply is 10%, what will be the approximate change in the price level?

অন্যান্য
Banking System of Bangladesh

প্রশ্নঃ Assuming a constant income velocity of circulation of money, if real output grows by 3%, and the rate of grows by supply is 10%, what will be the approximate change in the price level?

  • ক. -7%
  • খ. +7%
  • গ. +10%
  • ঘ. +13%

সঠিক উত্তরঃ

+7%
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Banking System of Bangladesh