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The Quantity Theory of Money Predicts That,in the Long Run,inflation

Question 21

Multiple Choice

The quantity theory of money predicts that,in the long run,inflation results from the


A) money supply growing at a slower rate than real GDP.
B) money supply growing at a faster rate than real GDP.
C) velocity of money growing at a slower rate than real GDP.
D) velocity of money growing at a faster rate than real GDP.

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