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Considering the traditional theories of monetary policy, a continuing increase in the growth of the domestic money supply, without changes in economic productivity, is likely
Considering the traditional theories of monetary policy, a continuing increase in the growth of the domestic money supply, without changes in economic productivity, is likely followed by Considering the traditional theories of monetary policy, a continuing increase in the growth of the domestic money supply, without changes in economic productivity, is likely followed by a recession. no change in the economy. an increase in the price level (inflation). a decrease in the price level (deflation)
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