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Assuming Velocity Is Constant, the Rate of Inflation Equals the Difference

Question 49

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.

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