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    Macroeconomics Principles Applications
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    Exam 16: The Dynamics of Inflation and Unemployment
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    Today, Most Economists Agree with the Monetarists That, in the Long
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Today, Most Economists Agree with the Monetarists That, in the Long

Question 102

Question 102

Multiple Choice

Today, most economists agree with the monetarists that, in the long run, inflation is caused by


A) growth in the money supply.
B) people's expectations.
C) government borrowing.
D) high taxes.

Correct Answer:

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