Which of the Following Statements Is False

question 125

Multiple Choice

Which of the following statements is false?

• A) The exchange equation assumes that velocity is constant.
• B) Velocity is the average number of times a dollar is spent to buy final goods and services in a year.
• C) The simple quantity theory of money predicts that changes in the money supply lead to strictly proportional changes in the price level.
• D) In the simple quantity theory of money the aggregate supply curve is vertical.

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Definitions:

Reactivity

The propensity of a material to engage in chemical reactions, on its own or with other substances, resulting in energy emission.

Compounds

Substances formed from two or more elements chemically united in fixed proportions.

2-Iodohexane

A chemical compound with the formula C6H13I, characterized by the presence of an iodine atom attached to the second carbon of a hexane chain.

Potassium Hydroxide

A strong inorganic base, used in various manufacturing processes including soap making and as a pH adjuster.