Multiple Choice
According to the quantity theory of money, in the long run
A) Y/M is constant.
B) Y/P is constant.
C) M/V is constant.
D) V/M is constant.
E) M/P is constant.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q54: The money multiplier will decrease if the
Q55: The higher and more unpredictable the changes
Q56: Use the figure below to answer the
Q57: Money's function as a unit of account
Q58: Suppose that people decide to hold more
Q60: The equation of exchange in terms of
Q61: During a period of severe inflation, which
Q62: Which one of the following is not
Q63: Which one of the following is considered
Q64: Which one of the following is a