Which of the following equations correctly describes the quantity equation in terms of percentage rate of change? ∆ means "change in."
A) % ∆M ÷ % ∆V = % ∆P * % ∆Y
B) % ∆M + % ∆V = % ∆P + % ∆Y
C) % ∆M ÷ % ∆V = % ∆Y ÷ % ∆P
D) % ∆M * % ∆V = % ∆P * % ∆Y

Question

Quizplus · Accepted Answer

The Answer of Which of the following equations correctly describes the quantity equation in terms of percentage rate of change? ∆ means "change in."
A) % ∆M ÷ % ∆V = % ∆P * % ∆Y
B) % ∆M + % ∆V = % ∆P + % ∆Y
C) % ∆M ÷ % ∆V = % ∆Y ÷ % ∆P
D) % ∆M * % ∆V = % ∆P * % ∆Y

Which of the Following Equations Correctly Describes the Quantity Equation