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    Principles of Macroeconomics
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    Exam 11: Money Growth and Inflation
  5. Question
    If the Bank of Canada Decreases the Money Supply, the Equilibrium
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If the Bank of Canada Decreases the Money Supply, the Equilibrium

Question 91

Question 91

True/False

If the Bank of Canada decreases the money supply, the equilibrium value of money decreases and the equilibrium price level must increase.

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