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    Economics for Today Study Set 1
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    Exam 17: Macroeconomic Policy I: Monetary Policy
  5. Question
    Keynesians Argue That the Velocity of Money Is
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Keynesians Argue That the Velocity of Money Is

Question 1

Question 1

Multiple Choice

Keynesians argue that the velocity of money is:


A) constant over time.
B) stable over time.
C) constant in the short run, but volatile in the long run.
D) volatile.

Correct Answer:

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