What is the value of k for the united states in 1990

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Here is further information on the U.S. and Pugelovian economies.

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a. What is the value of k for the United States in 1990? For Pugelovia?

b. Show that the change in price level from 1990 to 2013 for each country is consistent with the quantity theory of money with a constant k.

Reference no: EM131213676

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