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NYC NYC
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8 years ago
According to the quantity theory of money, a ________ in money supply causes a ________ in nominal GDP.
A) 1% increase; 1.4% increase
B) 1.4% decrease; 1% decrease
C) 1% increase; 1% increase
D) 5% increase; 5% decrease
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
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JesslynJesslyn
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NYC Author
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#2
8 years ago
I was thinking the same, thank you
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