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Tidy Tidy
wrote...
Posts: 4852
8 years ago
According to the quantity theory of money, if the money supply grows at 20 percent and real GDP grows at 5 percent, then the inflation rate will be
A) 15 percent.
B) 20 percent.
C) 25 percent.
D) 100 percent.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 193 times
1 Reply
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SydnieSydnie
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Posts: 3807
8 years ago
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Tidy Author
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8 years ago
You make an excellent tutor!
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Yesterday
Thanks
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2 hours ago
Correct Slight Smile TY
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