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hardy7luver hardy7luver
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A year ago
Consider two countries: Country A and Country B. If the gap between the growth rate of money supply and growth rate of real GDP is larger in Country A than in Country B, then, according to the quantity theory of money, ________.

▸ nominal interest rates will be lower in Country A

▸ the inflation rate will be higher in Country A

▸ the inflation rate will be lower in Country A

▸ real interest rates will be higher in Country A
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Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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hmging94hmging94
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A year ago
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hardy7luver Author
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A year ago
You make an excellent tutor!
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Smart ... Thanks!
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