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:

Twenty-first Chromosome

A chromosome in humans that is implicated in diseases such as Down syndrome when an individual has an extra copy, also known as trisomy 21.

Human Genome

Complete sequence of genes in the human body.

Genes

Units of heredity made up of DNA, located on chromosomes, that carry the instructions for the development, functioning, growth, and reproduction of all known organisms.

Analogous

Similar or comparable in certain respects, typically allowing for a comparison to be made.