Multiple Choice
According to modern analysis, what is the link between the long-run growth rate of the money supply and inflation?
A) there is little correlation between money growth and inflation
B) there is a positive link between money growth and inflation, contrary to the quantity theory of money
C) there is a strong, positive link between rapid money growth and inflation
D) there is an inverse relationship between rapid money growth and inflation
Correct Answer:
Verified
Correct Answer:
Verified
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