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NYC NYC
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8 years ago
According to the quantity theory of money, nominal GDP will ________ if the money supply ________.
A) rise by 50%; falls by 50%
B) double; doubles
C) rise by 100%; falls by 50%
D) fall by 50%; rises by 50%
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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NYC Author
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#2
8 years ago
Perfect answer, thank you
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