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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 76
According to the crude quantity theory of money, if M were to increase by 10 percent, what would happen to V, P, and Q?
Explanation
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The quantity theory of money has a crude...
Macroeconomics 11th Edition by Stephen Slavin
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