A cross-country analysis of money growth shows that A. the growth rate in the mo

Question

A cross-country analysis of money growth shows that A. the growth rate in the money supply was lower in countries with lower inflation rates. B. the growth rate in the money supply was higher in countries with lower inflation rates. C. the growth rate in the money supply was higher in countries whether the countries had high or low inflation rates D. the growth rate in the money supply was the same whether the countries had high or low inflation rates E. the growth rate in the money supply was lower in countries with higher inflation rates.

Explanation / Answer

C. the growth rate in the money supply was higher in countries whether the countries had high or low inflation rates

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