Primary Resources: Maths: Solving Problems: Money Problems.
Money supply in the year 2000: 1000. Money Supply in the year 2020: 21490. Real GDP (Y) in the year 2000: 100. Real GDP (Y) in the year 2020: 912. According to the Quantity Theory what is the predicted rate of inflation in this economy, measured in % per year rounded to one decimal place?
Year 1: Year 2: Year 3: Year 4: Year 5. Year 6: Year 3 Number and Place Value. Click on an objective for related worksheets and resources. Pupils should be taught to: count from 0 in multiples of 4, 8, 50 and 100; find 10 or 100 more or less than a given number. ones) compare and order numbers up to 1000: identify, represent and estimate.
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The real interest rate r is fixed at 3 percent by the investment and saving functions. The expected inflation rate equals the rate of nominal money growth. (a) If Y is 1,000, M is 100, and the growth rate of nominal money is 1 percent, what must i and P be? (b) If Y is 1,000, M is 100, and the growth rate of nominal money is.