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Between 2005 and 2006, the U.S. money supply increased from $6.6 trillion to $7 trillion

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January 10th, 2018

Between 2005 and 2006, the U.S. money supply increased from $6.6 trillion to $7 trillion. If the quantity theory of money is correct, the U.S. inflation rate during this period should have beenA. 2 percentB. 6 percentC. 8 percentD. 12 percent

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