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  3. Study Set
    Modern Principles of Economics
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    Exam 13: Business Fluctuations: Aggregate Demand and Supply
  5. Question
    According to the Quantity Theory of Money, an Increase in Money
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According to the Quantity Theory of Money, an Increase in Money

Question 101

Question 101

Multiple Choice

According to the quantity theory of money, an increase in money supply causes an increase in:


A) production.
B) velocity of money.
C) real GDP.
D) prices.

Correct Answer:

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