An increase of 1% per annum in the rate of growth of the money supply – McqOptions

MCQOPTIONS

1.	An increase of 1% per annum in the rate of growth of the money supply will increase inflation in the long run by _______.
A.	Zero percent
B.	One percent
C.	0.5 percent
D.	More than one percent
Answer» C. 0.5 percent

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