According to the Quantity Theory of Money, Persistent Inflation Can

question 13

Multiple Choice

According to the quantity theory of money, persistent inflation can only be caused by:

• A)a low rate of unemployment.
• B)money supply growth that exceeds real GDP growth.
• C)a high rate of unemployment.
• D)a continually-growing government deficit.

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Intentionally dishonest declarations or representations, especially ones made under circumstances where truthfulness is expected or required.

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