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    Exam 15: Keeping Inflation Under Control: The Limits of Monetary Policy
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    The Fact That the Velocity of Money Has Not Been
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The Fact That the Velocity of Money Has Not Been

Question 35

Question 35

Multiple Choice

The fact that the velocity of money has not been completely stable has:


A) made monetary policy more reliable
B) caused a switch to fiscal policy
C) stopped the bank-creation of money
D) made the task of formulating monetary policy more difficult

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