Evidence from Canada and Other Foreign Countries Indicates That ________

Evidence from Canada and other foreign countries indicates that ________.

A) there is a strong positive association between inflation and growth rate of money supply over long periods of time
B) there is little support for the assertion that "inflation is always and everywhere a monetary phenomenon"
C) countries with low monetary growth rates tend to experience higher rates of inflation, all else being constant
D) money growth is clearly unrelated to inflation

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