According to the Classical View

question 2

Multiple Choice

According to the classical view,

• A) velocity is constant, which means changes in price will cause changes in price or quantity.
• B) quantity is constant, which means changes in the money supply could cause either changes in velocity or changes in prices.
• C) velocity and price are constant so that changes in the money supply causes changes in quantity.
• D) velocity and quantity are constant so that changes in the money supply cause changes in prices.

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Definitions:

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A pioneering Swiss-French architect, designer, and urban planner, known for his contributions to modern architecture and the International Style.

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