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    Exam 18: Introduction to Macroeconomics: Unemployment, Inflation, and Economic Fluctuations
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    If M Increases and V Decreases:​
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If M Increases and V Decreases:​

Question 124

Question 124

Multiple Choice

If M increases and V decreases:​


A) ​nominal GDP increases.
B) ​nominal GDP decreases.
C) ​nominal GDP stays the same.
D) ​there is an indeterminate effect on nominal GDP.

Correct Answer:

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