Multiple Choice
Assuming velocity is constant, the rate of inflation equals the difference between the rate of:
A) unemployment and the rate of economic growth.
B) growth in the money supply and the rate of growth in nominal GDP.
C) growth in real wages and the rate of growth in real GDP.
D) growth in the money supply and the rate of growth in real GDP.
Correct Answer:

Verified
Correct Answer:
Verified
Q44: Policy makers:<br>A)like inflation because it allows individuals
Q45: If the money stock grows by 13
Q46: In Zimbabwe, inflation rose from an annual
Q47: Unemployment will be at its target rate
Q48: Consider the following Phillips curve diagram: <img
Q50: The short-run Phillips curve shifts around because
Q51: How is the quantity theory of money
Q52: According to the quantity theory of money,
Q53: The quantity theory of money:<br>A)does not explain
Q54: Suppose that real output is fixed and