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    Principles of Macroeconomics Study Set 8
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    Exam 17: Money Growth and Inflation: The Costs of Inflation
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    Relative-Price Variability Is "Automatic" When
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Relative-Price Variability Is "Automatic" When

Question 78

Question 78

Multiple Choice

Relative-price variability is "automatic" when


A) firms change prices only once in a while.
B) firms change prices often.
C) people increase the frequency of their trips to the bank.
D) people decrease the frequency of their trips to the bank.

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