Multiple Choice
According to the quantity theory of money,if both the growth rate of the money supply and the velocity of money are fixed,then a higher inflation rate means:
A) a higher real growth rate.
B) no change in the real growth rate.
C) a lower real growth rate.
D) a higher or lower real growth rate,depending on the specific growth rate of the money supply.
Correct Answer:

Verified
Correct Answer:
Verified
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