The hypothesis that changes in the money supply lead to an equiproportional change in the price level is called
A) the quantity theory of money.
B) the classical theory of money.
C) the Keynesian theory of money.
D) the fractional theory of money.
Correct Answer:
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Q209: The formula of the equation of exchange
Q210: Q211: The velocity of money Q212: According to the equation of exchange, if Q213: Other things being equal, the quantity theory Q215: The Federal Open Market Committee engages in Q216: According to the equation of exchange, if Q217: What are the direct and indirect effects Q218: The income velocity of money is Q219: According to the quantity theory of money,
A) is, according to
A) the
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