What does the statistical evidence show about the link between the growth rate of the money supply

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What does the statistical evidence show about the link between the growth rate of the money supply and the inflation rate in the long run? Is the link between the growth rate of the money supply and the inflation rate stronger in the short run or in the long run?

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Money Banking And The Financial System

ISBN: 1801

3rd Edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

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