The Quantity Equation for Money, by Itself

question 55

Multiple Choice

The quantity equation for money, by itself:

• A) may be thought of as a definition for velocity of money.
• B) implies that the velocity of money is constant.
• C) implies that the price level is proportional to the money supply.
• D) implies that real gross domestic product (GDP) is proportional to the money supply.

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An assessment approach focusing on the client's personal needs, goals, and preferences in the context of therapy or counseling.

Intermittent

Occurring at irregular intervals; not continuous or steady.

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Continuously happening or in progress.