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According to the quantitative theory of money, an increase in the amount of money in circulation by 5% given that price = $10.00, what changes
According to the quantitative theory of money, an increase in the amount of money in circulation by 5% given that price = $10.00, what changes will there be in prices? Question 5 Answer A. Prices will increase to $10.50. B. Prices will increase by $10.50. C. Prices will decrease by $.50. D. Prices will decrease to $10.50. E. None of the above alternatives are correct
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