How Can the Cambridge Equation Be Restated According to Friedman's

question 51

Multiple Choice

How can the Cambridge equation be restated according to Friedman's money demand theory?

• A)M^d = k(r_B,r_E,r_D)Py
• B)M^d = k/Py(r_B,r_E,r_D)
• C)M^d = Py/k(r_B,r_E,r_D)
• D)M^d = (r_B,r_E,r_D)Py/k

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