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Recall the Quantity Theory of Money. Which of the following would be FALSE? Group of answer choices If the Federal Reserve increases the money supply
Recall the Quantity Theory of Money. Which of the following would be FALSE? Group of answer choices If the Federal Reserve increases the money supply by 10%, prices would increase by 10% The Quantity Theory of Money deals only with the short run The velocity is assumed to be constant The Quantity Theory of Money includes the concept of velocity
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