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    Modern Principles Macroeconomics
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    Exam 12: Inflation and the Quantity Theory of Money
  5. Question
    The Quantity Theory of Money Is Consistent with Economist Milton
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The Quantity Theory of Money Is Consistent with Economist Milton

Question 122

Question 122

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The quantity theory of money is consistent with economist Milton Friedman's argument that "inflation is always and everywhere a monetary phenomenon."

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