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Which of following is true? A. In monetary equilibrium there is a tendency for the price level to move. B. The outstanding money supply is
Which of following is true? A. In monetary equilibrium there is a tendency for the price level to move. B. The outstanding money supply is always held in the form of cash-balances. O C. Government only has three sources of revenue: direct taxes, borrowing, and indirect inflation taxes on cash-balances of Group D. Government budgetary deficits cause inflation. E. New money creation always places everyone into Group 3
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