Which of the Following Is Assumed Constant in the Quantity

question 163

Multiple Choice

Which of the following is assumed constant in the quantity theory of money?

• A) money supply
• B) velocity
• C) the price level
• D) output

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Subrogation Clause

A clause in an insurance policy that allows the insurer to assume the legal rights of the insured to seek recovery from third parties responsible for causing an insured loss.

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