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Author Question: Which of the following equations represents the equation of exchange? A) PM = VY B) MY = PV C) ... (Read 89 times)

SO00

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on: Jun 29, 2018
Which of the following equations represents the equation of exchange?
 
  A) PM = VY
  B) MY = PV
  C) MV = PY
  D) M = VP/Y

Question 2

Public goods are I. nonexcludable. II. nonrival.
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


b614102004

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


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