According to the Quantity Theory of Money,if Both the Growth

question 36

Multiple Choice

According to the quantity theory of money,if both the growth rate of the money supply and the velocity of money are fixed,then a higher inflation rate means:

• A) a higher real growth rate.
• B) no change in the real growth rate.
• C) a lower real growth rate.
• D) a higher or lower real growth rate,depending on the specific growth rate of the money supply.

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