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GMAT Verbal Reasoning Practice Test 5

Question : 57 of 100

Marks: +1, -0

any inflation is the result of reductions in the supply of goods and services
if other factors in the economy are unchanged, increasing the quantity of gold available will lead to inflation
if there is a reduction in the quantity of gold available, then, other things being equal, inflation must result
the quantity of goods and services purchasable by a given amount of gold is constant
whatever changes in demand occur, there will be compensating changes in the supply of goods and services

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