According to the equation of exchange
A) when M rises,P must rise.
B) when M rises,V must fall.
C) when MV falls,PQ must fall.
D) when V rises,Q must rise.
Correct Answer:
Verified
Q141: The classical quantity theory of money states
Q142: If MV rises from 250 to 375,
A)PQ
Q143: Which statement is FALSE?
A)Wages are not downwardly
Q144: According to the equation of exchange,an increase
Q145: According to the crude quantity theory of
Q147: The output of our economy is represented
Q148: The modern monetarists believe that
A)V is very
Q149: According to the crude quantity theory of
Q150: If the price level P equals 1.50,GDP
Q151: Which is the most accurate statement?
A)The quantity
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