Which equation is incorrect?
A) MV = GDP
B) PQ = GDP
C) MV = PQ
D) 10M = 10P
Correct Answer:
Verified
Q151: Which is the most accurate statement?
A)The quantity
Q152: The velocity of money measures the
A)proportion of
Q153: If P = 12,V = 6,and M
Q154: Real GDP is the same as
A)M.
B)V.
C)P.
D)Q.
Q155: If MV rises from 180 to 270,
A)PQ
Q157: The crude quantity theory is based on
Q158: If M = 2,000,P = 5,and Q
Q159: According to the sophisticated,or modern quantity theory
Q160: The velocity of circulation of money is
Q161: Keynesian economist believe that there is a
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