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rosemacaw623Lv1
18 Aug 2020
The quantity theory of inflation indicates that the inflation rate equals:
A) The level of the money supply minus the level of aggregate output.
B) the level of the money supply plus the level of aggregate output.
C) the growth rate of the money supply plus the growth rate of aggregate output.
D) the growth rate of the money supply minus the growth rate of aggregate output.
The quantity theory of inflation indicates that the inflation rate equals:
A) The level of the money supply minus the level of aggregate output.
B) the level of the money supply plus the level of aggregate output.
C) the growth rate of the money supply plus the growth rate of aggregate output.
D) the growth rate of the money supply minus the growth rate of aggregate output.
Joshua StredderLv10
10 Oct 2020
