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Author Question: An expansionary gap generally creates inflationary pressure in an economy. a. True b. False ... (Read 27 times)

cabate

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on: Jun 30, 2018
An expansionary gap generally creates inflationary pressure in an economy.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

An increase in the expected inflation rate causes:
 a. the velocity of money to increase.
  b. the velocity of money to decrease.
  c. the actual inflation rate to fall.
 d. the actual price level to decrease.
  e. the money supply to increase.


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voltaire123

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

a


cabate

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Reply #2 on: Jun 30, 2018
Correct answers!


voltaire123

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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