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4) Consider the hypothetical data for 2018 and 2019 (Chapter 10) 2018 2019 Money Supply 5,000...

4) Consider the hypothetical data for 2018 and 2019 (Chapter 10) 2018 2019 Money Supply 5,000 6,000 Velocity 10 10 Real GDP 500 500 Find the price level for 2018 and 2019. What is the rate of inflation for the 2019? What is the rate of inflation if the money supply is 5,500 in 2019, instead of 6,000 What is the rate of inflation if the money supply is 6,000 in 2019 and real GDP is 600 in 2019

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