Which of the Following Is True About the Equation of Exchange

question 76

Multiple Choice

Which of the following is true about the equation of exchange?

• A) The equation of exchange can be presented as: M ´ V = P ´ Q.
• B) Velocity represents the average number of times that a dollar is used in purchasing final goods or services in a one-year period.
• C) If M increases, and V remains constant, then P must rise and/or Q must rise.
• D) All of the above are true about the equation of exchange.

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Definitions:

Intermittent

Occurring at irregular intervals; not continuous or steady, often used to describe problems or behaviors in electronic devices that happen sporadically.

Connectivity

The ability of devices to connect with other devices or networks to share data and resources.

MAC Address

A unique identifier assigned to network interfaces for communications on the physical network segment.

IP Address

A unique string of numbers separated by periods that identifies each device using the Internet Protocol to communicate over a network.