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The Equation Stating That the Rate of Growth of the Money

Question 13

Multiple Choice

The equation stating that the rate of growth of the money supply equals the rate of inflation applies better to countries with ________ than to countries with ________.


A) zero inflation;hyperinflation
B) zero inflation;low or moderate inflation
C) low or moderate inflation;zero inflation
D) low or moderate inflation;high inflation
E) hyperinflation;low or moderate inflation

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