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    Economics Theory and Practice
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    Exam 8: Money Creation, Monetary Theory, and Monetary Policy
  5. Question
    Based on the Equation of Exchange, the Amount of Money
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Based on the Equation of Exchange, the Amount of Money

Question 209

Question 209

Multiple Choice

Based on the equation of exchange, the amount of money in the economy is shown by the expression:


A) M = PQ/V.
B) M = V/PQ.
C) M = V(PQ) .
D) M = PQ - V.

Correct Answer:

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