igotw5744 igotw5744

15-05-2024
Business

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In an economy experiencing hyperinflation, we expect to observe
a. an increase in the demand for money and an increase in velocity.
b. an increase in the demand for money and a reduction in velocity.
c. a decrease in the demand for money and an increase in velocity.
d. a decrease in the demand for money and a reduction in velocity.

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