Which of the Following Equations Correctly Describes the Quantity Equation

question 163

Multiple Choice

Which of the following equations correctly describes the quantity equation in terms of percentage rate of change? ∆ means "change in."

• A) % ∆M ÷ % ∆V = % ∆P * % ∆Y
• B) % ∆M + % ∆V = % ∆P + % ∆Y
• C) % ∆M ÷ % ∆V = % ∆Y ÷ % ∆P
• D) % ∆M * % ∆V = % ∆P * % ∆Y

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