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According to the Monetarists,average Inflation Is Higher Today Than It

Question 49

Multiple Choice

According to the Monetarists,average inflation is higher today than it was a hundred years ago because of


A) the lack of fiscal responsibility.
B) the increased use of stabilization policy.
C) high interest rates,which increase the cost of borrowing.
D) unstable investment demand.
E) unstable money demand.

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