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The money supply is $100, velocity is 6, quantity is 200. The government doubles the money supply to $200 (an increase of 100%). In response,

The money supply is $100, velocity is 6, quantity is 200. The government doubles the money supply to $200 (an increase of 100%). In response, quantity increases to 210. What is the inflation rate? Group of answer choices 90% 100% 80% 70%

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