Business
Business, 31.12.2019 02:31, innocentman69

According to the quantity theory of money, a 3 percent increase in the money supply
a. leaves the price level unchanged.
b. causes the price level to fall by 3 percent.
c. causes the price level to rise by 3 percent.
d. causes the price level to rise by less than 3 percent.

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Answers: 2

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According to the quantity theory of money, a 3 percent increase in the money supply
a. leaves...

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