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    Exam 7: Costs of Not Working and Living: Unemployment and Inflation
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    The Quantity Theory of Money Suggests That an 8 Percent
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The Quantity Theory of Money Suggests That an 8 Percent

Question 77

Question 77

True/False

The quantity theory of money suggests that an 8 percent decrease in the money supply must be matched by an 8 percent increase in velocity.

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