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1. History proves that: (Points : 2) Countries with

 

Customer Question

1. History proves that: (Points : 2)
Countries with low rates of money growth have high rates of inflation
Money growth and inflation are not related
Countries with high rates of money growth have high rates of inflation
Money growth rates equal inflation rates

Submitted: 329 days and 8 hours ago.
Category: Business and Finance Homework
Value: $21
Status: CLOSED

Accepted Answer

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Expert:  TeacherGreg replied 329 days and 8 hours ago.

Hello, the answer to this question is:

Countries with high rates of money growth have high rates of inflation

This is the standard though although some economists argue that this is not the case in our economy today due to government interaction. However, for your question, I am assuming they are talking about general thought on the topic.

:-)

Expert TypeMaster's Degree
Category: Business and Finance Homework
Pos. Feedback: 98.9 %
Accepts: 168
Answered: 5/27/2012

Experience: M.A., M.S. Education / Educational Administration

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