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  3. Study Set
    Macroeconomics
  4. Exam
    Exam 7: Costs of Not Working and Living: Unemployment and Inflation
  5. Question
    An Increase in the Quantity of Money Causes Inflation Because
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An Increase in the Quantity of Money Causes Inflation Because

Question 75

Question 75

True/False

An increase in the quantity of money causes inflation because consumers with more money bid against each other for unchanged quantities of products and services, pushing up prices.

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