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    History
  3. Study Set
    American Economic History
  4. Exam
    Exam 30: To the New Millennium and Beyond
  5. Question
    Monetarists Maintain That the Increase in the Money Supply Can
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Monetarists Maintain That the Increase in the Money Supply Can

Question 25

Question 25

True/False

Monetarists maintain that the increase in the money supply can explain the inflation of the 1970s ?and 1980s when one considers the bonds purchased by the Fed to finance the federal deficits of the period.

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