Compute the current real stock of money in the us and real, Ask an Expert

Economics

Current real stock of money in the US

Real Interest Rate

Given 2005 data where nominal money supply (M1) $1,374.5 Billion, nominal interest rates is 6.89%, the consumer price index is 195 (1982-84 prices), and inflation rates is 3.4%, compute the current real stock of money in the US and real interest rates. Please provide an interpretation of the answer as well.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M926728

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