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Tidy Tidy
wrote...
Posts: 4852
8 years ago
According to the quantity theory of money, inflation is caused by
A) the money supply growing slower than real GDP.
B) GDP growing faster than the money supply.
C) GDP growing at the same rate as the money supply.
D) the money supply growing faster than real GDP.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 194 times
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Answer verified by a subject expert
SydnieSydnie
wrote...
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Posts: 3807
8 years ago
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wrote...
8 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
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