The Growth Version of the Quantity Equation

question 72

Multiple Choice

The growth version of the quantity equation

• A) determines foreign exchange rates.
• B) links the growth rates of money, velocity, prices and real output.
• C) links money, velocity, prices, and real output.
• D) determines the growth of the money supply.

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Definitions:

Cones

Photoreceptor cells in the retina of the eye that enable color vision and are responsible for visual acuity and the perception of fine details.

Rhodopsin

A pigment found in the rods of the retina that is responsible for the first step in the perception of light.

Opsin

A type of protein in photoreceptor cells of the retina that is essential for vision by responding to light absorption.

Wavelength

A measure of the distance from the peak of a light wave to the peak of the next.