Given the strict quantity theory of money, if the quantity of money were decreased by 50 percent, prices would
A) fall by 50 percent.
B) rise by 50 percent.
C) increase by 100 percent.
D) decrease by 100 percent.

Name: Given the strict quantity theory of money, if the quantity of money were decreased by 50 percent, prices would A) fall by 50 percent. B) rise by 50 percent. C) increase by 100 percent. D) decrease by 100 percent.
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Question

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The Answer is A

Given the Strict Quantity Theory of Money, If the Quantity