The inflation rate may change even if the money supply grows at a constant rate because:
A) velocity is constant in the short run.
B) the growth rate of output is constant in the short run.
C) the growth rate of output may vary in the short run.
D) the growth rate of output is constant in the long run.
Correct Answer:
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Q49: According to the quantity theory of money,
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Q51: Fiscal policy cannot be used to deal
Q52: According to the equation of exchange:
A) M
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Q55: When conducting monetary policy, the Federal Reserve
Q56: Incomes policy attempts to control inflation by:
A)
Q57: According to the quantity theory of money:
A)
Q58: Which of the following statements is correct?
A)
Q59: The most appropriate policy to deal with
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