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    Macroeconomics Study Set 38
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    Exam 8: Inflation
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    The Quote "Inflation Is Always and Everywhere a Fiscal Phenomenon
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The Quote "Inflation Is Always and Everywhere a Fiscal Phenomenon

Question 98

Question 98

Multiple Choice

The quote "Inflation is always and everywhere a fiscal phenomenon" is attributed to:


A) Adam Smith.
B) Thomas Sargent.
C) Karl Marx.
D) Alan Greenspan.
E) David Ricardo.

Correct Answer:

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