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    Macroeconomics Study Set 12
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    Exam 10: The Goals of Stabilization Policy: Low Inflation and Low Unemployment
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    Over a Year,the Money Supply in a Nation Grew by 8
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Over a Year,the Money Supply in a Nation Grew by 8

Question 53

Question 53

Multiple Choice

Over a year,the money supply in a nation grew by 8 percent,while velocity rose by 2 percent and real GDP rose by 3 percent.This results in an inflation over the year of ________ percent.


A) 7
B) 9
C) 13
D) 3

Correct Answer:

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