Examlex
Which of the following assumptions is not part of the quantity theory of money?
International Trade
The exchange of goods and services between countries, often influenced by regulations, tariffs, and global economic conditions.
Volume of Trade
The total amount of stocks, securities, or commodities that are bought and sold over a specific period of time.
Consumer Surplus
The difference between what consumers are willing to pay for a good or service versus what they actually pay.
Producer Surplus
The difference between what producers are willing to accept for a good versus what they actually receive, indicating economic benefit.
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