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Between 1960 and 1990,Argentina's Money Supply Grew at Approximately 80

Question 140

Multiple Choice

Between 1960 and 1990,Argentina's money supply grew at approximately 80%.According to the quantity theory of money,inflation rates in Argentina should have been approximately _____ during this period.


A) 20%
B) 40%
C) 80%
D) 160%

Correct Answer:

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