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    Money Banking and Financial Markets Study Set 2
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    Exam 21: Output, Inflation, and Monetary Policy
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    In the Long Run, If We Ignore Changes in Velocity
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In the Long Run, If We Ignore Changes in Velocity

Question 19

Question 19

Multiple Choice

In the long run, if we ignore changes in velocity, inflation will:


A) Be zero
B) Equal the rate of money growth
C) Equal money growth less the growth in potential output
D) Equal money growth plus the growth in potential output

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