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QUESTION
Evidence shows that the quantity equation is correct over the longrun, which implies that the A. growth rate of the velocity of money causes the...
Evidence shows that the quantity equation is correct over the longrun, which implies that the
A.growth rate of the velocity of money causes the level of prices to change.
B.growth rate of inflation leads to growth in GDP.
C.growth rate of the money supply determines the rate of inflation.
D.growth rate of GDP causes most of the change in the money supply.
