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    Principles of Macroeconomics Study Set 8
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    Exam 17: Money Growth and Inflation: The Classical Theory of Inflation
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    If the Number of Dollars Needed to Buy a Representative
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If the Number of Dollars Needed to Buy a Representative

Question 107

Question 107

Multiple Choice

If the number of dollars needed to buy a representative basket of goods falls,the price level


A) falls,so the value of money falls.
B) falls,so the value of money rises.
C) rises,so the value of money falls.
D) rises,so the value of money rises.

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