The Quantity Theory of Inflation Indicates That If the Aggregate

question 101

Multiple Choice

The quantity theory of inflation indicates that if the aggregate output is growing at 3% per year and the growth rate of money is 5%,then inflation is

• A)2%.
• B)8%.
• C)-2%.
• D)1.6%.

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Utility

In economics, a measure of satisfaction or benefit derived from consuming goods and services.

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Business Impact Data

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Cost-effectiveness Evaluation

This evaluation assesses the economic efficiency of different interventions or programs by comparing their costs to their outcomes or effects.