If the velocity of money falls from 1.95 to 1.85, the decline in velocity implies that:
A)inflation increases.
B)inflation decreases.
C)the money stock grows faster than nominal GDP.
D)the money stock grows more slowly than nominal GDP.

Question

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The Answer of If the velocity of money falls from 1.95 to 1.85, the decline in velocity implies that:
A)inflation increases.
B)inflation decreases.
C)the money stock grows faster than nominal GDP.
D)the money stock grows more slowly than nominal GDP.

If the Velocity of Money Falls from 1