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    Exam 19: Quantity Theory, inflation and the Demand for Money
  5. Question
    The Equation of Exchange Is
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The Equation of Exchange Is

Question 96

Question 96

Multiple Choice

The equation of exchange is


A) M × P = V × Y.
B) M + V = P + Y.
C) M + Y = V + P.
D) M × V = P × Y.

Correct Answer:

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