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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
  5. Question
    When Inflation Rises People Will
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When Inflation Rises People Will

Question 130

Question 130

Multiple Choice

When inflation rises people will


A) demand more money so the price level rises.
B) demand more money so the price level falls.
C) demand less money so the price level rises.
D) demand less money so the price level falls.

Correct Answer:

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