Question
When the currency loses value, causing people to spend it more quickly, this: a. has the same effect on inflation as an increase in money
a. has the same effect on inflation as an increase in money growth.
b. has the same effect on inflation as a decrease in money growth.
c. causes higher inflation but not as much as an increase in money growth would.
d. causes even higher inflation than an increase in money growth would.
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Statistical Techniques In Business And Economics
Authors: Douglas Lind, William Marchal
16th Edition
78020522, 978-0078020520
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