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    Economics Study Set 8
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    Exam 34: Inflation, Deflation, and Macro Policy
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    According to the Quantity Theory of Money, Inflation Is Attributable
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According to the Quantity Theory of Money, Inflation Is Attributable

Question 52

Question 52

Multiple Choice

According to the quantity theory of money, inflation is attributable to increases in:


A) velocity.
B) real GDP.
C) velocity in excess of increases in real GDP.
D) the money supply in excess of increases in real GDP.

Correct Answer:

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