Quiz Money and Inflation 1 Which of the following are money
Quiz Money and Inflation Which of the following
Quiz Money and Inflation Which of
and Inflation Which of the following are money
Quiz Money and Inflation Which
of the following are money
Quiz Money and Inflation
Quiz Money
Quiz: Money and Inflation 1)Which of the following are money?

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Quiz: Money and Inflation 1)Which of the following are money? a) a credit card b) German marks during the hyperinflation of the 1920s c) cigarettes in prisoner of war camps during World War II d) a diamond necklace 2) Assuming that velocity is constant, if the Federal Reserve increases the money supply in the U.S. by 10% in 2014, while real GDP increases by only 2%, what will be the percentage change in prices? Express your answer as a decimal taken to the hundredth place (i.e., 5% is entered as .05).

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