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The Table Below Shows Data for Brazil Assuming the Rate of Velocity Change Is Constant,
A) the l

Question 275

Multiple Choice

The table below shows data for Brazil. 20062007 Real GDP growth rate 3.85.4 Inflation rate 4.23.7\begin{array} { | l | c | c | } \hline & \mathbf { 2 0 0 6 } & \mathbf { 2 0 0 7 } \\\hline \text { Real GDP growth rate } & 3.8 & 5.4 \\\hline \text { Inflation rate } & 4.2 & 3.7 \\\hline\end{array}
Assuming the rate of velocity change is constant,


A) the growth rate of money increased between 2006 and 2007.
B) the money growth rate was -0.4 percent in 2006.
C) the growth rate of nominal GDP was 1.7 percent in 2006.
D) the demand for money curve shifted leftward in 2006.

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