Whenever the supply of money is growing at a constant rate, if there is price flexibility and real income is constant, then the price level:
A) is growing at a faster rate.
B) is decreasing.
C) is constant.
D) grows at the same rate.

Question

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The Answer of Whenever the supply of money is growing at a constant rate, if there is price flexibility and real income is constant, then the price level:
A) is growing at a faster rate.
B) is decreasing.
C) is constant.
D) grows at the same rate.

Whenever the Supply of Money Is Growing at a Constant