Multiple Choice
During hyperinflation,because real GDP and the velocity of money can be assumed to be constant,the rate of ________ equals the rate of ________.
A) growth of the money supply;growth of real GDP
B) growth of consumption;inflation
C) growth of the money supply;inflation
D) growth of consumption;growth of real GDP
E) growth of real GDP;change of the exchange rate
Correct Answer:
Verified
Correct Answer:
Verified
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