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    Exam 14: Modern Macroeconomics and Monetary Policy
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    Large or Persistent Inflation Is Almost Always Caused by
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Large or Persistent Inflation Is Almost Always Caused by

Question 79

Question 79

Multiple Choice

Large or persistent inflation is almost always caused by


A) excessive government spending.
B) excessive growth in the quantity of money.
C) foreign competition.
D) higher-than-normal levels of productivity.

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