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valputin valputin
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8 years ago
If the price level doubles, the value of money
A) more than doubles, due to scale economies.
B) rises but does not double, due to diminishing returns.
C) falls by 50 percent.
D) doubles.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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Answer verified by a subject expert
MeelaMeela
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8 years ago
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valputin Author
wrote...
8 years ago
This is great!
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
8 years ago
Slight Smile Good luck with the rest
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