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    Exam 19: Quantity Theory, inflation and the Demand for Money
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    In the Equation of Exchange,the Concept That Provides the Link
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In the Equation of Exchange,the Concept That Provides the Link

Question 111

Question 111

Multiple Choice

In the equation of exchange,the concept that provides the link between M and PY is called


A) the velocity of money.
B) aggregate demand.
C) aggregate supply.
D) the money multiplier.

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