According to the Equation of Exchange, the Money Supply Multiplied

question 17

Multiple Choice

According to the equation of exchange, the money supply multiplied by the average number of times per year a dollar is spent on final goods and services is equal to:

• A) marginal spending.
• B) unemployment.
• C) total spending.
• D) price level.

---

Definitions:

Abductor

A muscle whose contraction moves a limb or part away from the midline of the body or from another part.

Toward

In the direction of something or someone, indicating movement or orientation relative to a particular point or location.

Tenodynia

Pain in a tendon, often caused by overuse or inflammation.

Tendon

A tough band of fibrous connective tissue that usually connects muscle to bone and is capable of withstanding tension.