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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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    Suppose That M Is Fixed
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Suppose That M Is Fixed

Question 162

Question 162

Multiple Choice

Suppose that M is fixed.According to the quantity equation,which of the following would make the price level higher?


A) Y or V rise
B) Y or V fall
C) Y rises or V falls
D) Y falls or V rises

Correct Answer:

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