According to the Equation of Exchange, If the Quantity of Money

question 69

Multiple Choice

According to the equation of exchange, if the quantity of money is $20 billion, velocity 3, and real GDP is $6 billion, then the price level is

• A) 10.
• B) 40.
• C) 1.6.
• D) 1.1.
• E) 2.

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A set of principles or recommendations, presumably named after an individual named Peterson, which could relate to any number of fields or practices depending on context.

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