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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Abnormal condition of high hydrogen ion concentration in the extracellular fluid caused by either a primary increase in hydrogen ions or a decrease in bicarbonate.