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  3. Study Set
    Economics-Macroeconomics
  4. Exam
    Exam 8: Money, the Price Level, and Inflation
  5. Question
    Suppose That Nominal Interest Rates Double
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Suppose That Nominal Interest Rates Double

Question 516

Question 516

True/False

Suppose that nominal interest rates double. As a result, the quantity of money doubles as well.

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