According to the quantity theory of money,the inflation rate equals
A) money supply minus real GDP.
B) the growth rate of the money supply minus the growth rate of real GDP.
C) real GDP minus the money supply.
D) the growth rate of real GDP minus the growth rate of the money supply.
Correct Answer:
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Q33: If the money supply grows at 5%
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Q35: Suppose the required reserve ratio is 100%.Explain
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Q38: If the currency-to-deposit ratio decreases and the
Q39: If the excess reserves-to-deposit ratio decreases and
Q40: Which of the following best represents the
Q41: If the expected inflation rate rises from
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