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If the Real GDP Growth Is 6 Percent Per Year

Question 59

Multiple Choice

If the real GDP growth is 6 percent per year, the money growth rate is 4 percent, and velocity is constant, using the quantity theory, the inflation rate is:


A) 4 percent
B) -2 percent
C) 2 percent
D) 6 percent
E) -4 percent

Correct Answer:

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