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    Exam 17: Macroeconomic Policy I: Monetary Policy
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    According to the Quantity Theory of Money, If M's Growth
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According to the Quantity Theory of Money, If M's Growth

Question 116

Question 116

Multiple Choice

According to the quantity theory of money, if M's growth is lower than Q's, then:


A) V falls.
B) V rises.
C) P stays the same.
D) P falls.

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