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Which of the Following Is a TRUE Statement

Question 3

Multiple Choice

Which of the following is a TRUE statement?


A) Decreases in the money supply lead to increases in the inflation rate.
B) Increases in the money supply lead to a decrease in the price level.
C) Changes in the rate of growth of the money supply lead to increases in the inflation rate.
D) There is no relationship between money supply and inflation.

Correct Answer:

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