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The Quantity Theory of Money Implies That a 3% Increase

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The quantity theory of money implies that a 3% increase in the money supply will eventually cause


Definitions:

Incapacitating

Making someone or something unable to function in normal activities.

Mood Contagion

The phenomenon where the emotional state of one person influences or is transferred to others around them, often unconsciously.

Cheerful

Exhibiting positivity and a disposition that is bright and pleasant, often encouraging happiness in others.

Directed

Being guided or managed towards a specific aim or objective, often involving leadership or instruction to achieve precise outcomes.

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