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    Macroeconomics Study Set 17
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    Exam 14: Money,Banks,and the Federal Reserve System
  5. Question
    If the Rate of Growth in Real GDP Exceeds the Rate
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If the Rate of Growth in Real GDP Exceeds the Rate

Question 21

Question 21

True/False

If the rate of growth in real GDP exceeds the rate of growth in the money supply,the quantity theory of money predicts a price deflation.

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