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    Economics-Macroeconomics
  4. Exam
    Exam 8: Money, the Price Level, and Inflation
  5. Question
    According to the Quantity Theory of Money, in the Long
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According to the Quantity Theory of Money, in the Long

Question 301

Question 301

True/False

According to the quantity theory of money, in the long run, an increase in the quantity of money does not change real GDP but does raise the price level.

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