Question
Q3.(5 marks)State whether the following statement is TRUE, FALSE OR UNCERTAIN.Justify your answer. In the quantity theory of money an increase in the money supply
Q3.(5 marks)State whether the following statement is TRUE, FALSE OR UNCERTAIN.Justify your answer.
In the quantity theory of money an increase in the money supply will lead to an increase in real income (or real output).
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Price Theory and Applications
Authors: Steven Landsburg
9th edition
1285423526, 978-1285947877, 1285947878, 978-1285423524
