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    Exam 11: Money, Banks and the Reserve Bank of Australia
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    The 'Quantity Theory of Money' Assumes That the Velocity of Money
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The 'Quantity Theory of Money' Assumes That the Velocity of Money

Question 86

Question 86

Multiple Choice

The 'quantity theory of money' assumes that the velocity of money:


A) is negative.
B) is constant.
C) is zero.
D) fluctuates unpredictably.

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