To make the equation of exchange into the quantity theory of-08881
To make the equation of exchange into the quantity theory of money:
This multiple choice question (MCQ) is related to the book/course
vu eco401 Economics.
It can also be found in
vu eco401 Final Term - Quiz No.13.
To make the equation of exchange into the quantity theory of money:
V and Q are assumed to be constant.
The money supply is assumed to be produced by the banking system and not exclusively in currency.
The quantity of money is assumed to determine the amount of Real GDP.
M and P are considered constant.
