In the Equation of Exchange, If Velocity Is Stable

question 74

Multiple Choice

In the equation of exchange, if velocity is stable,

• A) %∆V = 0.
• B) %∆V = 1.
• C) %∆V is a positive constant value > 0.
• D) %∆V = infinity.

---

Definitions:

Mental Age

A measure of an individual's mental attainment based on the age at which it takes an average individual to reach that same level of attainment.

Chronological Age

The actual age of a person measured in years from the date of birth.

Mental Ability

The capacity to perform cognitive tasks, solve problems, and adapt to and learn from life's experiences.

Binet-Simon Scale

The first intelligence test, developed by Alfred Binet and Théodore Simon, to assess the intellectual development of children.