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  3. Study Set
    Macroeconomics Study Set 40
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    Exam 8: Money, the Price Level, and Inflation
  5. Question
    The Quantity Theory of Money Argues That, in the Long
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The Quantity Theory of Money Argues That, in the Long

Question 410

Question 410

Multiple Choice

The quantity theory of money argues that, in the long run, the percentage change in money will create an equal percentage change in


A) velocity.
B) the price level.
C) potential GDP.
D) real GDP.

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