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According to the Quantity Equation, If Y Doubles, V Is

question 73

Multiple Choice

According to the quantity equation, if Y doubles, V is constant, and M doubles, what factor does the price level multiply by?

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Definitions:

Wildcat Fund

A type of investment fund that takes on high-risk investments, hoping for significantly higher-than-average returns.

M2 Measure

A broad measurement of a country's money supply that includes cash, checking deposits, and easily convertible near money, such as savings deposits and money market securities.

T-Bills

Short-term government securities with maturity periods of one year or less, considered a safe and liquid investment.

Jensen's Measure

A metric used to evaluate the performance of an investment manager by comparing their returns with those of a benchmark, adjusting for market risk.

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