If M is $400, P is $4, and Q is 300, then V must be
A) 1.33.
B) 3.
C) 5.33.
D) 100.
Correct Answer:
Verified
Q7: The basic equation of monetarism is
A)
Q8: According to monetarists,
A) changes in the money
Q9: According to mainstream macroeconomists, U.S. macro instability
Q10: Which of the following is a component
Q11: The mainstream view of macro instability is
Q13: Monetarists believe that
A) prices and wages are
Q14: In the equation of exchange, V indicates
Q15: The velocity of money is equal
Q16: At the equilibrium level of GDP,
A)
Q17: The mainstream view is that macro instability
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