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    Exam 14: Modern Macroeconomics and Monetary Policy
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    If the Monetary Authorities Persistently Expand the Money Supply at a Rapid
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If the Monetary Authorities Persistently Expand the Money Supply at a Rapid

Question 19

Question 19

Multiple Choice

If the monetary authorities persistently expand the money supply at a rapid rate, the probable result will be


A) inflation.
B) high nominal interest rates.
C) rapid growth of real GDP.
D) both a and b

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