If M Stands for the Money Supply, V for the Velocity

question 128

Multiple Choice

If M stands for the money supply, V for the velocity of money, P for the average selling price, and Q for the output of goods and services, the equation of exchange is:

• A) MP = VQ.
• B) MV = PQ.
• C) MQ = VP.
• D) MP = PQ.

---

Definitions:

Self-Disclosure

The act of revealing personal or private information about oneself to others.

Conflict

A serious disagreement or argument, typically a protracted one, between individuals, groups, or nations.

Esteem Support

Emotional or affirmational support that boosts an individual's self-esteem and confidence, often provided by friends, family, or mentors.

Motivational Support

Emotional or practical encouragement aimed at helping an individual achieve their goals or overcome challenges.