The Quantity Theory of Money Can Explain Which of the Following

question 91

Multiple Choice

The quantity theory of money can explain which of the following?

• A) If the %ΔY > 0 and the %ΔV = 0; the %ΔP < %ΔM
• B) If the %ΔV = 0 and the %ΔM = 0; the %ΔP must be = 0
• C) If %ΔY and the %ΔV = 0; the %ΔP > %ΔM
• D) If the %ΔP > 0; the %ΔM must also be > 0

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