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    Principles of Economics Study Set 8
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    Exam 30: Money Growth and Inflation
  5. Question
    If the Money Supply Increased by 10% and at the Same
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If the Money Supply Increased by 10% and at the Same

Question 94

Question 94

True/False

If the money supply increased by 10% and at the same time velocity decreased by 10%, then according to the quantity equation there would be no change in the price level.

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