lilipadbloom1754 lilipadbloom1754

24-05-2024
Business

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Recall the Quantity Theory of Money. Which of the following would be FALSE?
a. If the Federal Reserve increases the money supply by 10%, prices would increase by 10%
b. The Quantity Theory of Money deals only with the short run
c. The velocity is assumed to be constant
d. The Quantity Theory of Money includes the concept of velocity

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