The "V" in the Equation of Exchange MsV = PY

question 202

Multiple Choice

The "V" in the equation of exchange MsV = PY refers to

• A) a variable.
• B) income velocity of money.
• C) the velocity of inflation.
• D) a vector that links P to Y.

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Definitions:

Synaptic Pruning

The process by which extra neurons and synaptic connections are eliminated to increase the efficiency of neuronal transmissions.

Myelinated

Refers to nerve fibers that are coated with myelin, a substance that speeds up the transmission of nerve impulses.

Cerebrum

The largest part of the brain, responsible for higher brain functions such as thought, action, and sensory processing.

Genetic Link

A connection between certain genes and specific traits or diseases.