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    Macroeconomics Study Set 41
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    Exam 8: Money, the Price Level, and Inflation
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    Which of the Following Equations Represents the Equation of Exchange
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Which of the Following Equations Represents the Equation of Exchange

Question 455

Question 455

Multiple Choice

Which of the following equations represents the equation of exchange?


A) MV = PY
B) MY = PV
C) PM = VY
D) M = VP/Y

Correct Answer:

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