Which of the Following Is False

question 75

Multiple Choice

Which of the following is false?

• A)​The money supply times velocity equals the price level times real GDP.
• B)​If individuals are writing lots of checks on their checking accounts and spending currency as fast as they receive it, velocity will tend to be high.
• C)​The magnitude of velocity does not depend on the definition of money that is used.
• D)​Velocity equals nominal GDP divided by the money supply.

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Definitions:

Thoughts

Mental processes in which ideas, opinions, or beliefs are formulated.

Cardiovascular System

A complex system consisting of the heart and blood vessels that circulates blood throughout the body to deliver oxygen and nutrients and remove waste products.

Hypertension

A medical condition in which the blood pressure in the arteries is persistently elevated, also known as high blood pressure.

Proper Functioning

The optimal operation or performance of systems, organs, or activities in any given entity or organism, leading to overall health and wellness.