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hliz3 hliz3
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A year ago
Assume that the inflation rate in an economy is measured on the y-axis on a graph, and the annualized growth rate of money supply minus the annualized growth rate of real GDP is measured on the x-axis. If a curve is plotted to establish the relationship between both variables, the curve is likely to be ________.

▸ upward-sloping

▸ downward-sloping

▸ horizontal

▸ vertical
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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prospectjayprospectjay
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A year ago
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