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    Macroeconomics Canada Study Set 2
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    Exam 8: Money, the Price Level, and Inflation
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    Nominal Money Is Equal to Real
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Nominal Money Is Equal to Real

Question 17

Question 17

Multiple Choice

Nominal money is equal to real


A) GDP times the GDP deflator.
B) money times the price level.
C) money divided by the price level.
D) GDP times the price level.
E) GDP times real money.

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