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From 1970 to 2010, as a Fraction of GDP, the Quantity

Question 15

Multiple Choice

From 1970 to 2010, as a fraction of GDP, the quantity of money that people and businesses have held has been


A) changing only as the interest rate changed.
B) fluctuating erratically.
C) increasing.
D) independent of people's use of credit cards.
E) decreasing.

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