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If there is no increase in production but the price level doubles (inflation 100%), the value of money: Select one: A. doubles. B. more than
If there is no increase in production but the price level doubles (inflation 100%), the value of money: Select one: A. doubles. B. more than doubles, due to scale economies. C. rises but does not double, due to diminishing returns. D. falls by 50 percent..
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