What should money supply growth

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China now fixes the value of its currency, the yuan, to the U.S. dollar. Output growth in the U.S. is 3%, inflation is 1% and money supply growth is 4%. Output growth in China is 7%. What should money supply growth be in China if China wants to fix its currency to the dollar?

Reference no: EM131096567

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What should money supply growth : China now fixes the value of its currency, the yuan, to the U.S. dollar. Output growth in the U.S. is 3%, inflation is 1% and money supply growth is 4%. Output growth in China is 7%. What should money supply growth be in China if China wants to fix i..

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