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    Economics Theory and Practice
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    Exam 8: Money Creation, Monetary Theory, and Monetary Policy
  5. Question
    The Equation of Exchange States That
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The Equation of Exchange States That

Question 230

Question 230

Multiple Choice

The equation of exchange states that:


A) MP = VQ.
B) MQ = VP.
C) MV = PQ.
D) M = VP/Q.

Correct Answer:

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