How much can we expect price level to rise ceteris paribus, Macroeconomics

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How much can we expect price level to rise ceteris paribus

Problem

Between 2008 and 2010 the Federal Reserve doubled the monetary base, which is enough, in the long run, to double the money supply. Given the observed long-run relationship between the money supply and the price level, how much can we expect the price level to rise, ceteris paribus?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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