If M Increases, and V Remains Constant

question 38

Multiple Choice

If M increases, and V remains constant:

• A)​P must rise.
• B)​Q must rise.
• C)​P and Q must each rise.
• D)​Any of the above may happen, but none of the above must happen.

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Definitions:

Owner's Capital

The total equity or net worth owned by the proprietor of a company, reflecting the amount invested plus any retained earnings.