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Question 34

The Quantity Theory of Money state that an increase in the quantity of money would bring about

  • A.a geometrical rise in price
  • B.an unequal rise in prices
  • C.a proportionate rise in prices
  • D.an absolute rise in prices
  • E.a less that proportionate increase in prices
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
1994
Question no.
#34
Type
Objective
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