and the real money If the inflation rate is higher than the rate of growth of the nominal money supply, the nominal money supply. supply (M/P) - O a. Stays constant; rises O b. Stays constant; falls O c. Rises; falls O d. Rises; stays constant

and the real money If the inflation rate is higher than the rate of growth of the nominal money supply, the nominal money supply. supply (M/P) - O a. Stays constant; rises O b. Stays constant; falls O c. Rises; falls O d. Rises; stays constant

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

and the real money
If the inflation rate is higher than the rate of growth of the nominal money supply, the nominal money supply
supply (M/P)
O a.
Stays constant; rises
O b. Stays constant; falls
O c. Rises; falls
O d. Rises; stays constant
mo thon

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