Multiple Choice
Looking at historical evidence from 1990 to 2005 for the United States and other countries, which of following are true?
I. There is a correlation between the growth rate of the quantity theory of money and the growth r of real GDP.
II. There is a correlation between the growth rate of the quantity theory of money and the inflation
A) Only II is true.
B) Only I is true.
C) Both I and II are true.
D) Neither I or II is true.
Correct Answer:
Verified
Correct Answer:
Verified
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