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    Macroeconomics Canada Study Set 2
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    Exam 8: Money, the Price Level, and Inflation
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    The Equation of Exchange Is
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The Equation of Exchange Is

Question 74

Question 74

Multiple Choice

The equation of exchange is


A) Y = M.
B) MV = P.
C) MV = PY.
D) MP = VY.
E) PV = M.

Correct Answer:

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