Calculate the level of velocity for year

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Note that P

                          2001                2002                2003

   Ms                    100                  105                  111

  Y                     1000                1110                1240

  • Calculate the level of velocity for each year.  At what rate is velocity growing?
  • Why does Bank Capital Exist?
  • Why did brokered deposits during the S&L crisis cause interest rates to rise?

Reference no: EM131334483

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