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    Economics A Contemporary Introduction
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    Exam 16: Monetary Theory and Policy
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    For Interest Rates to Remain Stable During Economic Expansions,the Growth
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For Interest Rates to Remain Stable During Economic Expansions,the Growth

Question 104

Question 104

Multiple Choice

For interest rates to remain stable during economic expansions,the growth rate of the money supply should


A) exceed the growth in the demand for money
B) just match the growth in the demand for money
C) be less than the growth in the demand for money
D) be zero
E) just match the growth in nominal GDP

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