One of the most important principles of macroeconomics is that excessive decreases in the supply of money cause inflation.

Name: One of the most important principles of macroeconomics is that excessive decreases in the supply of money cause inflation.
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Excessive decreases in the supply of money can actually cause deflation, not inflation. It is excessive increases in the supply of money that typically lead to inflation.

One of the Most Important Principles of Macroeconomics Is That