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★ѕραndavir ★ѕραndavir
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6 years ago
"The rigid link between monetary growth and inflation . . . had been broken." M1 grew faster in the deflationary 1980s than in the inflationary 1970s. Why?
A) The demand for money increased, reducing spending.
B) The demand for money decreased, due to financial deregulation.
C) The demand for money increased, as did velocity.
D) The demand for money decreased and the Fed targeted the money supply.
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Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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6 years ago
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#2
5 years ago
Honestly I hate questions like these, glad people like you exist!
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