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    Principles of Macroeconomics Study Set 8
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    Exam 17: Money Growth and Inflation: The Classical Theory of Inflation
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    Based on the Quantity Equation,if M = 8,000,P = 3,and
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Based on the Quantity Equation,if M = 8,000,P = 3,and

Question 98

Question 98

Multiple Choice

Based on the quantity equation,if M = 8,000,P = 3,and Y = 12,000,then V =


A) 0.33.
B) 2.0.
C) 4.5.
D) 0.5.

Correct Answer:

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