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To Keep Prices Steady, the Rate of Growth of the Money

Question 289

Multiple Choice

To keep prices steady, the rate of growth of the money supply should


A) be lower than the rate of growth of the quantity of goods and services.
B) be the same as the rate of growth of the quantity of goods and services
C) be greater than the rate of growth of the quantity of goods and services.
D) increase during expansions.

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