Multiple Choice
The premise of the quantity theory of money demand is
A) only gold and silver coins have value.
B) it is only the quantity of money, and not its quality, that counts.
C) the most obvious reason that households and businesses demand money is for use in making transactions.
D) the store of value function of money is more important than the medium of exchange function of money.
Correct Answer:
Verified
Correct Answer:
Verified
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