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Ao9 Ao9
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8 years ago
In the Friedman-Lucas money surprise model, a surprise increase in money supply growth
A) increases inflation more than in proportion to the growth rate of the money supply.
B) increases inflation in an equal proportion to the growth rate of the money supply.
C) has no effect on inflation.
D) increases inflation less than in proportion to the growth rate of the money supply.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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8 years ago
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Ao9 Author
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Expert Upwards Arrow Smiling Face with Open Mouth
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You're welcome Wink Face Message me if you need any more assistance with your other questions.
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