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  3. Study Set
    Modern Principles Macroeconomics
  4. Exam
    Exam 12: Inflation and the Quantity Theory of Money
  5. Question
    If the Growth Rate of the Money Supply Decreases from 10
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If the Growth Rate of the Money Supply Decreases from 10

Question 14

Question 14

Multiple Choice

If the growth rate of the money supply decreases from 10% to 5%,which of the following is a prediction of the quantity theory of money?


A) disinflation
B) deflation
C) hyperinflation
D) money illusion

Correct Answer:

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