Assuming Velocity Is Constant, the Rate of Inflation Equals the Difference

question 49

Multiple Choice

Assuming velocity is constant, the rate of inflation equals the difference between the rate of:

• A)unemployment and the rate of economic growth.
• B)growth in the money supply and the rate of growth in nominal GDP.
• C)growth in real wages and the rate of growth in real GDP.
• D)growth in the money supply and the rate of growth in real GDP.

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Definitions:

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