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Business, 07.12.2021 01:00 shakira11harvey6

According to the quantity equation, the price level would change less than proportionately with a rise in the money supply if there were also:. a. either a rise in output or a rise in velocity.
b. either a rise in output or a fall in velocity.
c. either a fall in output or a rise in velocity.
d. either a fall in output or a fall in velocity.

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