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    Macroeconomics Study Set 38
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    Exam 8: Inflation
  5. Question
    In the Quantity Equation, the Value P<sub>t</sub>Y<sub>t</sub> Is
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In the Quantity Equation, the Value PtYt Is

Question 83

Question 83

Multiple Choice

In the quantity equation, the value PtYt is:


A) real GDP.
B) nominal GDP.
C) aggregate expenditure.
D) the velocity of money.
E) real money.

Correct Answer:

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