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{"ops":[{"insert":"Given the money demand function, [M P] a bi Y D ln = \u2212 + ln , if b = 1 3 and S = 0.03Y , what rate of "},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"money growth is required to obtain it? How will your answer(s) change when: (a) b = 1 3 and S = 0.05Y"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"Explain the relationship between seigniorage revenues and the rate of inflation. Als"},{"insert":"\n"}]}
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