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    Principles of Economics Study Set 8
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    Exam 30: Money Growth and Inflation
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    When the Consumer Price Index Increases, the Value of Your
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When the Consumer Price Index Increases, the Value of Your

Question 149

Question 149

Short Answer

When the consumer price index increases, the value of your money has _____. According to the quantity theory of money this is caused by an increase in the _____.

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