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Milton Friedman Contends That It Is Entirely Possible That When

Question 35

Multiple Choice

Milton Friedman contends that it is entirely possible that when the money supply rises,interest rates may ________ if the ________ effect is more than offset by changes in income,the price level,and expected inflation.


A) fall; liquidity
B) fall; risk
C) rise; liquidity
D) rise; risk

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