The equation M × V = P × Y is called the

Name: The equation M × V = P × Y is called the
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The equation M × V = P × Y is known as the equation of exchange because it represents the relationship between the money supply, velocity of money, price level, and output. It was first developed by the economist Irving Fisher and is commonly used in macroeconomic analysis. The other options are not commonly used terms for this equation.

The Equation M × V = P × Y Is