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    Business
  3. Study Set
    Economics for Business
  4. Exam
    Exam 13: Inflation, Output and Economic Policy
  5. Question
    According to the Quantity Theory of Money, Inflation Is Inversely
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According to the Quantity Theory of Money, Inflation Is Inversely

Question 2

Question 2

True/False

According to the quantity theory of money, inflation is inversely related to money supply and the velocity of circulation of money.

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