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Trey4sho Trey4sho
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A year ago
Consider an economy where the growth rate of real GDP is 6 percent and the growth rate of money supply is 8 percent. If the quantity theory of money holds, the inflation rate in the economy will be ________.

▸ 2 percent

▸ 6 percent

▸ 14 percent

▸ 8 percent
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Macroeconomics

Macroeconomics


Edition: 3rd
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cblack14cblack14
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A year ago
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Trey4sho Author
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A year ago
Thanks for your help!!
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Thanks
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