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vellojo vellojo
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Posts: 2982
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7 years ago
In monetarist business cycle theory, decreasing the growth rate of the quantity of money ________ and increasing the growth rate of the quantity of money ________.
A) increases real GDP; decreases the inflation rate
B) causes the economy to enter an expansion; causes the economy to enter a recession
C) decreases real GDP; decreases the inflation rate
D) causes the economy to enter a recession; causes the economy to enter an expansion
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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Answer verified by a subject expert
yaderayadera
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Posts: 492
7 years ago
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vellojo Author
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7 years ago
Checks out after I submitted my assignment Smiling Face with Open Mouth
Studying economics @ Edinburgh U
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