According to the Equation of Exchange, If P × Q

question 242

Multiple Choice

According to the equation of exchange, if P × Q = 7 trillion and the money supply is 2 trillion, what is the velocity of money?

• A) 3.5
• B) 5
• C) 9
• D) 14

---

Definitions:

Cooperative Work Experience

A structured method of combining classroom-based education with practical work experience, typically in a field relevant to a student's academic or career goals.

Private Employment Agency

A business that helps employers find employees and vice versa, typically charging a fee for its services.

Fee Paid

The amount of money charged for a service or provided as compensation for granting a service or access to a resource.

Résumé

a document presenting an individual's background, skills, and accomplishments, typically used for securing employment.