China now fixes the value of its currency the yuan to the, Business Economics

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China now fixes the value of its currency the yuan to the

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?

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