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    Macroeconomics Study Set 39
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    Exam 5: Inflation: Its Causes, Effects, and Social Costs
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    If There Are No Unexpected Changes in Money Supply in an Economy
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If There Are No Unexpected Changes in Money Supply in an Economy

Question 105

Question 105

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If there are no unexpected changes in money supply in an economy, can there still be unexpected inflation in the economy?

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Yes. If there are shocks in the real eco...

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