The quantity theory of money is an example of a
A) structural model.
B) reduced form model.
C) both of the above.
D) neither of the above.

Name: The quantity theory of money is an example of a A) structural model. B) reduced form model. C) both of the above. D) neither of the above.
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Question

Quizplus · Accepted Answer

The quantity theory of money is a reduced form model as it directly relates the money supply to price levels without detailing the underlying structural mechanisms.

The Quantity Theory of Money Is an Example of a