According to Modern Analysis, What Is the Link Between the Long-Run

question 120

Multiple Choice

According to modern analysis, what is the link between the long-run growth rate of the money supply and inflation?

• A) there is little correlation between money growth and inflation
• B) there is a positive link between money growth and inflation, contrary to the quantity theory of money
• C) there is a strong, positive link between rapid money growth and inflation
• D) there is an inverse relationship between rapid money growth and inflation

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