Multiple Choice
According to the quantity theory of money:
A) ΔM/M = ΔP/P + ΔGDP/GDP.
B) ΔM/M + ΔP/P = ΔGDP/GDP.
C) ΔM/M + ΔGDP/GDP = ΔP/P
D) ΔM/M = ΔP/P - ΔGDP/GDP
Correct Answer:
Verified
Correct Answer:
Verified
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