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The Expression MV = PQ Is

Question 45

Multiple Choice

The expression MV = PQ is:


A) the equation for the simple money multiplier
B) a method of calculating the velocity of bundles of currency dropped from the top of the New York Federal Reserve Bank by the Chair of the Board of Governors
C) the equation for calculating the consumer price index
D) the incomes policy index
E) the monetarist equation of exchange

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